Commodity Prices on NYSE Going Up Fast - Price Increase

Posted by S V on

News

Wednesday 12 May, 2021
The price of commodities like Coffee, Sugar and Cocoa are rising, and coffee is rising fast. Our supplier held back for a couple weeks to see if it would drop but it remains a strong buy and continues to rise on the NYSE. This means inflation is upon us and prices are rising. Expect a price increase this month around May 18th as our next shipment, priced much higher now, comes in. Pricing to rise 80 cents per pound (or 5 cents per ounce). Hopefully in June this will reverse

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