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Dealers eye new specialty coffee benchmarks to secure better prices, supplies

Published on January 09, 2019

Buyers and sellers of specialty coffee, increasingly worried about future supplies of high quality beans, are finding new ways to price their coffee after benchmark US futures hit a 13-year-low in late 2018. Specialty coffees are usually priced at a premium to the benchmark, leaving specialty growers vulnerable to volatility in futures. And in the rare cases when specialty prices are not directly linked to futures, contracts are negotiated privately, so can be opaque and subject to the whims of producers or traders. The Transparent Trade Coffee (TTC) platform, the brainchild of an Atlanta, Georgia, academic, is looking to change that by establishing benchmarks for specialty coffees. Read more. Source | Business Daily

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