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Oxfam launches ‘Coffee Rescue’ plan

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Oxfam estimates 8% more coffee is produced than necessary every year, causing a slump in export prices.

World coffee prices in New York hit an all-time low of $0.42 per pound earlier this year, prompting sharp criticism of the contrast in retail prices.



Oxfam claims export sales from poor countries were worth 30% of the total coffee market 10 years ago, but are now worth only 10%.”

BBC NEWS

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