Coffee retailers may brew better margins on beans surplus
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Uma Devi
Singapore
CONSUMERS can't tear themselves away from that cup of joe for its caffeine kick - be it from their "home offices" or at cafes that may now have opened up with lockdown measures easing here and around the world.
This relatively inelastic demand for coffee, combined with the expected over-supply of coffee beans, may brew a stronger margin for coffee retailers and processors.
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