The futures contracts for September prices have gone up. Due to less production, some beans already risen 18% in price. Especially the 22% become more expensive Brazilian real against the US dollar makes the price eventually rise into the store.

In addition ,, looking to next year, its price rises sharply, mainly due to currency effects, “says Frank Austrians, macro-economist of ABN Amro.

Everywhere failure. The harvest in Colombia is 400,000 bags each of 60 kilos of beans narrowed by a strike. The cold in Brazil has affected the fields. The roasters there have been complaining about a lack of beans. In Vietnam awaits the coffee bean rain in the highlands.

,, meanwhile the demand of people for coffee growing, “notes Austrians. ,, In Africa, about 3% more on an already large population, Asia is 6% more demand compared to last year. Those are substantial numbers of extra coffee drinkers. “

The consequence is that countries like Brazil that are now net exporters because of the internal demand for coffee net importers. To the detriment of the European market, says Austrians. ,, All plays on this term only, but companies are already busy there, in a market that thrives on futures contracts “