Pass It On

From Marketwatch:
Peet's Coffee & Tea said late Monday it is raising the price on most drinks by 10 cents and bean prices by an average of 8% starting Wednesday. The increase is in response to about 35% rise in green Arabica coffee prices since early this year. Starbucks announced a similar move last week.

1 comment:

Random Thoughts said...

did some investor buy a billion dollars in coffee and store it in freezers all over the UK recently? he was holding on to about 8% of world production. Ill try and find the article and post it.