Instant coffee prices surge to $50 amid global supply constraints and weak dollar
New Zealand instant coffee prices have soared to $50 as global supply tightness, market volatility and currency weakness drive up costs.
Instant coffee prices in New Zealand have risen sharply to $50 a container. The increases are being driven by tightening global coffee supplies, weather impacts on production, market volatility and a weaker New Zealand dollar making imports more expensive.
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Coverage across the news outlets we track, as at publication.
What outlets are saying
RNZ
Why are we paying $50 for instant coffee?
Tightening global supply, market volatility and a weaker NZ dollar are being blamed for soaring coffee prices.
NZ Herald
Why are we paying $50 for instant coffee?
Coffee prices are rising as global supply, weather and the weak NZ dollar bite.