In October, coffee prices in Montenegro will rise significantly. The main reason for thisprice increaseis the sharp rise in the price of coffee beans on the global market, because this year’s crop in Brazil was destroyed by low temperatures, as reported byCDM.
The owner of Mokamard, the company that produces MMS and KOPA coffee, Dragan Marković, said that Montenegro is expecting a sharp increase in coffee prices.
“Besides the price of coffee beans, everything related to coffee has become more expensive — packaging, raw materials, gas, and oil. Over the past three to four months, the prices of all of the above have risen significantly,” Marković emphasizes.
He notes that 10–15 days ago they raised the price of MMS coffee, and says that KOPA will become more expensive in the coming days.
“The overall price increase will be significant. Under the current situation, the price of 100 grams of coffee will certainly reach one euro,” the entrepreneur notes.