US financial crisis not affecting price of coffee

The financial crisis in the United States is still not affecting the price of coffee in the international market.

Thursday, September 25, 2008

Max Quirin, coffee producer and ex-president of the National Coffee Association (Anacafe), commented that if the financial problems do no lead to a recession in the US as well as in Europe, the global consumption level will be maintained or grow slightly.
According to Anacafe, every year some 170 million quitales of coffee is consumed worldwide.

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