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Coffee retailers may brew better margins on beans surplus

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Vivek Verma, CEO of Olam Coffee, says there has been a "positive demand uptick in retail and online sales for in-home consumption" amid the pandemic, and that this has "largely offset the drop in out-of-home consumption".

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Vivek Verma (above).

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...

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