THAILAND: Nestlé agrees to buy local coffee at interventionist price
In response to the Thai government's intervention policy in the coffee bean market, Nestlé Products has agreed to purchase domestic beans at or above the government specified price of 32 baht a kilogram. The local unit of Swiss food behemoth is the largest purchaser of coffee beans in the country and the agreement is expected to give the industry a much needed boost.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- US food next wave on display at Winter Fancy Food
- Comment: Meal kits in US - don't believe the hype
- Why Reckitt Benckiser moved for Mead Johnson
- Kraft Heinz pursuing Unilever in takeover move
- Kraft Heinz pulls Unilever bid
- General Mills issues profit warning
- Kerry operating earnings strengthen on slow sales
- Kerry Group staff in Ireland suspend strike action