{"id":2505,"date":"2021-08-11T10:10:34","date_gmt":"2021-08-11T10:10:34","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=2505"},"modified":"2021-08-11T10:19:34","modified_gmt":"2021-08-11T10:19:34","slug":"freight-frost-bite-down-coffee-production","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/freight-frost-bite-down-coffee-production\/","title":{"rendered":"Freight &#038; Frost Bite Down Coffee Production"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Coffee soothes us, fuels us and cheers us.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Be it a sunny day or a rainy day, a happy day or a gloomy day, a hectic Monday or a chill Sunday, coffee stands by us through thick or thin. Also, is there a better smell than a cup of freshly brewed coffee?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But did you know what\u2019s happening to coffee around the world? World coffee prices recently touched a 7-year high in July. Why? Let\u2019s find out!<\/span><\/p>\n<h2><b>What Is Happening In Brazil?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Brazil is the largest coffee producer, satisfying 1\/3<\/span><span style=\"font-weight: 400;\">rd<\/span><span style=\"font-weight: 400;\"> of the world\u2019s coffee lovers. But Mother nature has taken quite an ugly turn for the Brazilian coffee farms. A drought earlier and now a powerful frost, back-to-back have ruined the already stressed arabia-coffee trees.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coffee is a delicate plant which cannot bear harsh weather and eventually succumbs to it. There are signs of limited supply for at least the next 2 years.<\/span><\/p>\n<h2><b>What Else Is Increasing Coffee Prices?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">And to add to the frost, the coffee industry has also got high transportation costs coupled with shipping container shortages looming over it\u2019s head.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">COVID-19 has resulted in global shipping disruptions because there are lesser ships out in the sea right now that can\u2019t cope up with the rising demand. Thus, transportation costs soaring.\u00a0<\/span><\/p>\n<h2><b>Silver Lining For Indian Exports?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">With the world&#8217;s biggest coffee supplier taking a hit, other suppliers see a silver lining. And things seem pretty bright for the 3<\/span><span style=\"font-weight: 400;\">rd<\/span><span style=\"font-weight: 400;\"> largest producer in Asia and 5<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> largest coffee exporter in the world i.e. India.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">India\u2019s coffee exports are already 12% higher in 2020-2021 as per Coffee Board data. The 5 month period between January 1 and August 5 has seen a 10% increase in coffee exports compared to a year back.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And European countries opening up shop bodes well for India with Italy, Germany and Belgium being the top 3 buyers of Indian coffee.<\/span><\/p>\n<h2><b>Would Coffee Lovers Abandon The Beverage?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Coffee is addictive, we all know. It is such an essential part of our daily routine that it is tough to let go of. A rather price-sticky commodity.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, whether prices are up or down, the demand would not see the wildest of swings, especially as the COVID-19 restrictions ease around the world.\u00a0<\/span><\/p>\n<h2><b>Fundamental Dose<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Did you know that Tata Coffee and CCL Products touched all-time highs just a few days ago? Here\u2019s a look at a few of the coffee stocks are performing.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-2506 size-large\" src=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/Coffee-Prices-Paytm-Money-Blog-1024x756.jpg\" alt=\"coffee prices paytm money blog\" width=\"1024\" height=\"756\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/Coffee-Prices-Paytm-Money-Blog-1024x756.jpg 1024w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/Coffee-Prices-Paytm-Money-Blog-300x222.jpg 300w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/Coffee-Prices-Paytm-Money-Blog-768x567.jpg 768w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/Coffee-Prices-Paytm-Money-Blog.jpg 1125w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Source &#8211; Market Data &amp; Annual Reports<\/span><\/p>\n<p>Interesting Read- Check out <a href=\"https:\/\/www.paytmmoney.com\/blog\/monsoon-impact-stock-market\/\">how rain affects stocks<\/a>.<\/p>\n<p><em><span style=\"font-weight: 400;\">Disclaimer \u2013 This content is purely for informational purpose and in no way advice or a recommendation.<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coffee soothes us, fuels us and cheers us.\u00a0 Be it a sunny day or a rainy day, a happy day or a gloomy day, a hectic Monday or a chill Sunday, coffee stands by us through thick or thin. Also, is there a better smell than a cup of freshly brewed coffee? But did you<a href=\"https:\/\/www.paytmmoney.com\/blog\/freight-frost-bite-down-coffee-production\/\">Continue reading <span class=\"sr-only\">&#8220;Freight &#038; Frost Bite Down Coffee Production&#8221;<\/span><\/a><\/p>\n","protected":false},"author":21,"featured_media":2508,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-2505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/2505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=2505"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/2505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/2508"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=2505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=2505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=2505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}