The minimum coffee price set by the Ethiopian government dropped by 1% WoW in W14. The price released for W14 for Nekemte Natural G5 is USD 1.63/lb, while in W13 the price stood at USD 1.65/lb. Even though prices have slightly dropped, it’s still difficult to get competitive offers from many speculative suppliers mainly because the overhead costs of coffee processing and vertical integration prices are still at their peak.
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