Search Results for: COVID-19

Coffee

ARABICA PRICES ROSE IN MARCH WHILE ROBUSTA FELL-ACCORDING TO ICO

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In March 2020, prices for all Arabica group indicators increased due to concerns over the availability of that type of coffee while Robusta prices fell, according to the International Coffee Organisation’s (ICO) latest report. In 2019-20, world coffee consumption is projected to be higher than in 2018-19 as COVID-19 presents considerable downside risk to global coffee consumption, as demand is currently estimated to exceed production. However, the situation is evolving quickly and impacting both supply and demand.

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ARE CASH PAYMENTS AT COFFEE SHOPS DEAD?

ARE CASH PAYMENTS AT COFFEE SHOPS DEAD?

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As coffee shops across the world stop taking cash in response to the Coronavirus, we have to wonder if this will have a permanent effect on the future of payments at the coffee shop. But is cash really that dirty, and what are the risks? Studies have been done, including this one in 2014 showing how forms of virus and bacteria can survive on either paper notes or coins for several hours.

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