Buzz Kill- Europeans Cut back on Coffee!
Good Morning Buzz Drinkers!
Guru awoke recently imagining all of you good folk were a –changed werewolf style over night into mass murderers!
Apparently, according to a ‘Wall Street Journal’ article ‘Buzz Kill- European’s cut back on coffee’, the recent deepening economic turmoil, especially amongst our Mediterranean cousins, has hit the heartland of espresso hard!
Raw green coffee imports to Spain feel last year by 6.6% and to Italy by 2.9%
Meantime, the more economically stable German and French markets saw green coffee imports rise by 0.4% and 1.3% respectively
The economic doom and gloom has not just resulted in a decline in caffeine buzz generating pleasure and consumption – but has also accelerated the switch in the trade to cheaper Robusta origins
The arbitrage between NYC and LIFFE is at its smallest since 2009!
Sad times indeed in the proud coffee family – with cafes closing – consumption down and quality standards being eroded…
Keep the faith though, as we here at Aromo continue at the very vanguard of perfetto espresso culture!
Guru writes for Aromo Coffee – They are coffee experts focussed on providing convenient and tasty ways for the caffeine addict to take their medicine. Aromo supplies excellent ESE Coffee pods and superlative Senseo pods, both of which offer the espresso and filter connoisseur a no mess, no fuss, super fresh and environmentally conscious method to make stunning coffee… the guys at Aromo also have a range of Dualit branded capsules which make a brilliant and economic alternative to nespresso capsules