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Coffee Outlook Q2 2020
Manage episode 407129325 series 3558065
Innehåll tillhandahållet av RaboResearch Agri Commodities and Rabobank RaboResearch Food. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av RaboResearch Agri Commodities and Rabobank RaboResearch Food eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
While the supply side is not without concerns, demand has been dropping due to Covid-19. For now, harvests are going ahead more or less normally in top producer Brazil and also in Colombia. We expect global demand to drop by 0.8% YOY, the first drop in global coffee demand since 1995. The precariousness of demand in certain coffee markets continues to be the focus of attention, particularly in markets where people are used to drinking tea at home and in markets with increasing unemployment but low benefits.
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