Nestle India Ltd.

BSE: 500790 | NSE: NESTLEIND
Large Cap | Consumer Food
1285.65
27.10 (2.15%)
< Home < Back

Coffee makers plan to raise rates

Date: 15-09-2010
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