Why Coffee Price Could Rise as Demand Rises

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For decades, coffee has been an
important staple for American and Western consumers. In the United States,
people consume an average of three cups of coffee every day. This has made
coffee companies among the biggest in the US. Companies like Starbucks and
Dunkin Brands have market valuations of more than $85 billion combined.

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In the past, coffee was not an
important drink in Asian countries where most people preferred tea. This is now
changing and China has become the…

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