Caffeine Market Analysis: Pricing Trends, Forecasts, and Insights by Procurement Resource
Caffeine prices closely followed coffee bean prices during the period, mostly remaining high. Lower-than-expected production yields for the third consecutive year, along with increased labor costs, shipment expenses, and packaging and energy expenditures, led to elevated upstream costs. Despite difficult supplies, stable and consistent market demands contributed to positive market sentiments for Caffeine prices during…