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Thursday, 17 February 2011
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Coffee prices perk up towards 14-year highs
Coffee roaster executives used to sit down once a year with retailers to discuss prices. On rare occasions, they sat down twice a year. Currently, however, they are holding discussions almost once a month. "It is crazy. I have never seen anything like this in my 25-year career," one senior coffee executive recently told me. The reason? The cost of arabica coffee, the high-quality bean
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