Wednesday, 18 May 2011

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Coffee prices set to jump amid shortages

  • Wednesday, 18 May 2011
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  • A cup of coffee is about to get even more expensive. The price of raw green beans has more than doubled in less than 12 months and coffee shops say they can no longer absorb the soaring costs. Danny Erlich, co-owner of Prahran coffee roaster and retailer Ciscos Coffee, said he expected Melbourne cafes to raise the price of a cup of coffee by up to 50 cents. Advertisement: Story continues below



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