Kraft Increases Prices of Coffee Brands – Report
October 29, 2007
Kraft Foods, a manufacturer of packaged foods and beverages, has increased the prices of Maxwell House and Yuban coffees by around 10 cents per 11 to 13 ounce equivalent container due to rising prices of green coffee, according to Reuters.
Recently, companies like Procter & Gamble and Massimo Zanetti Beverage USA, have hiked the list prices of their coffee products, as a result of rising prices of green arabica and robusta.