coffee bean Archives | Be Korea-savvy

Surging Coffee Bean Prices Put Strain on South Korean Coffee Shops

SEOUL, May 22 (Korea Bizwire) – Surging prices for coffee beans on international markets are putting a strain on South Korean coffee shop operators, raising concerns that the higher costs could lead to increases for consumers. The price of robusta coffee beans has more than tripled since 2020 to $3.97 per kilogram last month, according to [...]

Consumers Angry Over Baseless Markup of Coffee Bean

SEOUL, Aug. 9 (Korea Bizwire) – Over the series of increases in coffee prices of major coffee shop franchises, a consumer group warned a show of force arguing the markups are groundless. The Coffee Bean & Tea Leaf raised the price of a small-sized cup of Americano by 4.7 percent, from 4,300 won to 4,700 won, [...]