Other coffee roasters generally follow the price lead of Tchibo in Germany, Europe's coffee market. Coffee is traded in dollars so a weaker euro makes German imports more expensive. "We delayed this adjustment as long as possible but now it is unavoidable," said Liedtke. "As soon as the price for green (raw) coffee and the dollar exchange rate permit, Tchibo will again cut its prices." Arabica coffee futures rose to their highest in almost two years in November before retreating slightly with the market underpinned by fund buying, low stocks in Brazil and harvest quality concerns.
Other coffee roasters generally follow the price lead of Tchibo in Germany, Europe's coffee market. Coffee is traded in dollars so a weaker euro makes German imports more expensive. "We delayed this adjustment as long as possible but now it is unavoidable," said Liedtke. "As soon as the price for green (raw) coffee and the dollar exchange rate permit, Tchibo will again cut its prices." Arabica coffee futures rose to their highest in almost two years in November before retreating slightly with the market underpinned by fund buying, low stocks in Brazil and harvest quality concerns.