Tea and coffee producers warn of price hikes from September – Kommersant

Tea and coffee producers warn of price hikes from September - Kommersant

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May tea and coffee producers (Maisky, Lisma, Curtis, Richard, Coffesso brands) have warned retailers about an increase in selling prices from September 1. They will grow by 6-9%.

This measure was explained by the high volatility of the ruble exchange rate, which led to an increase in the cost of importing raw materials. These segments of the food market are most dependent on imports of raw materials, which are also becoming more expensive due to a drop in the yield of cocoa beans and tea.

“We regard the situation as complicated,” May’s letter says. The company confirmed to Kommersant that the letter had been sent, but promised to raise prices smoothly “in order to avoid a sharp jump.”

Details – in the material “Kommersant” “Tea and coffee overflow”.

Laura Keffer

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