Parlin New Jersey, March 23, 2006
Gourmet coffee retailer TastesofTheWorld.net holds prices down
following dramatic spike in the wholesale cost of Puerto Rican
coffee. Premium
Gourmet Coffee growers from Puerto Rico have increased wholesale
prices to retailers by about 30 percent. Puerto Rico, population
of 3.9 million, consumes most of the coffee produced there.
Puerto Rico will import 10 million pounds (4.5 million kilograms) of coffee in 2006 after rains destroyed much of the island's key crop in 2005, according to an AP story, January 16. The harvested crops total 18.5 million pounds for 2005, according to Jose Orlando Fabre, head of the agriculture department, compared to 2004 coffee harvest of 22.5 million pounds.
The Puerto Rican Department of Consumer Affairs (DACO), a government entity,
revisited a years old pricing structure in September of 2005 and
allowed coffee producers to increase prices as an alternative
to government subsidies. The sudden sharp price spike for Puerto
Rican gourmet coffee has taken US importers and retailers by surprise.
Exporters appear to be passing a price hike onto consumers in
2006. Puerto
Rico exports few gourmet coffee beans and those able to enjoy
the Caribbean grown treat are paying substantially more for Puerto
Rican Beans.
As a United States Territory, Puerto Rico requires that workers are paid minimum wage, so harvesting costs are higher than in most other coffee producing countries. Very little coffee is exported due to the relatively small production levels and demand for the premium gourmet coffees of Puerto Rico makes these beans a rare treat.
Exports of the rare
Puerto Rican beans are more expensive along with other prized
Caribbean grown gourmet coffees such as Jamaica
Blue Mountain. Puerto
Rican gourmet coffees have been rated by gourmet coffee taster,
Ken Davids of www.CoffeeReview.com as "full bodied, roundly sweet,
with low but vibrant acidity."
Puerto Rican Yauco Selecto, Alto
Grande and Café
Tres Picachos blends were previously available for between
$20 and $25 per pound. The price spike sends Puerto Rican gourmet
coffee closer to$35 per pound from most coffee retailers. TastesofTheWorld.net
is holding prices below that of other retailers for this premium
selection of fine Puerto Rican gourmet coffees by raising their
prices just fifteen percent, instead of the 35% increases seen
from some online retailers.
Fans of Puerto Rican Premium Gourmet Coffees can visit the Coffee
Talk Forum at <http://www.tastesoftheworld.net/talk/>
to discuss the new Café
Quindio gourmet coffee & Jamaica
Blue Mountain coffee from Jablum, available at http://TastesOfTheWorld.net
along with the most expensive coffee in the world, the exotic
Kopi Luwak coffee, from Indonesia.
About Tastes of The World Tastes of The World coffee company focuses on specialty gourmet coffee not readily available in the US. Rare Gourmet coffee is their business so they make shopping with them risk free. "If you are happy tell a friend if you are not tell us"
http://www.tastesoftheworld.net/puerto-rican-gourmet-coffees.htm
E-mail CustomerService@tastesoftheworld.net
1-877-895-2662
