Since you are well informed on the Colombian coffee situation can you explain these strong premiums as you mentioned they are 30 cents better than they were say a year ago. Yet,
1) production has supposedly remained the same.
2) producers as you mentioned are profitable and content to sell at these prices.
3) world demand due to Covid is supposedly down.
None of these is consistent with a big advance in premiums.
Do you have from your side a logical explanation. By the way this situation also exists in Central America.
Thanks for any thoughts you may have.
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