LONDON/NEW YORK — If your favorite coffee beans have vanished from the shelves, don’t worry – they will return soon. The bad news is they will be up to 25 per cent more expensive.
Roasters such as Lavazza, Illy, Nestle and Douwe Egberts maker JDE Peet’s are currently in talks with retailers about passing on costs from a near doubling of arabica coffee prices over the past year, according to eight industry sources.
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