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Costa Rican Coffee Gets Good
Prices
The price of Costa Rican coffee
in general remains at 15% to 25%
above the average quote at the
New York Stock Exchange, thanks
to sales to a little under half
of it to high-quality markets,
according to the Costa Rican
Coffee Institution (ICAFE).
As an example, ICAFE said that
on a given day the average for
all Costa Rican coffee had been
us$140 per 100-lb. bag, while it
closed at us$113.75 at the NYSE.
The sources added that the trend
results from a better
appreciation of quality by
buyers, many of whose
representatives have come to
Costa Rica to learn about the
true nature of the whole
process.
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