MoneyWorks4Me

Coffee makers plan to raise rates

15 Sep 2010 Evaluate
Companies selling branded coffee powder such as the world’s largest food company, Nestle, which owns Nescafe, and Tata Coffee are also likely to raise prices shortly. Arabica, the world’s most-grown coffee, has become almost 50% more expensive in the past three months and touched a 13-year high last week, pulling up prices in India, the world’s sixth-largest coffee producer.crackcrack
Peers
Company Name CMP
Nestle India 1384.00
Varun Beverages 416.25
Britannia Industries 4970.00
LT Foods 437.85
Hatsun Agro Product 1222.80
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