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Arabica growers have to wait till year-end to benefit from rise in global prices thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Arabica parchment coffee rules at 6-year high; prices scale ₹10,500 per bag December 17, 2020
Price of Arabica coffees, mainly the premium parchment variety, have exceeded ₹10,500 per 50-kg bag, after almost six years providing relief to some extent to the growers, who are in the midst of harvesting the 2020-21 crop. However, growers continue to face challenges such as bad weather and labour shortage impeding harvest in the key producing areas of Karnataka, which accounts for over two-thirds of the coffee produced in the country. “Arabica prices are ruling around ₹10,500 per bag, but the big challenge is the shortage of labour that is delaying the pickings,” said S Appadurai, Chairman, Karnataka Planters’ Association. ....