Kraft cuts the price of Maxwell and other brands of coffee in the United States
Kraft Foods Inc.(KFT) announced Friday that it will cut the price of its flagship Maxwell House and some instant coffee in the United States due to the continued decline in raw coffee prices.
Three days earlier, U.S. food giant J.M. Smucker Co(SJM) also announced an average price cut of 6% for packaged coffee products in the U.S. market, including well-known brands such as Folgers and Dunkin Donuts.
This is the second time Kraft and Smucker have cut coffee prices since August last year.
Kraft said it would cut prices for Maxwell and Yuban brand roasted and ground coffees by about 6 per cent and for Gevalia brand roasted and ground coffees sold in retail stores by nearly 10 per cent.
The company will also reduce the price of non-flavored instant coffee by about 4 per cent, except for products sold under the Maxwell House International trademark. (Swirl)
(Editor: Leo)
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Let the heart accept more possible exclusive interviews with Wang Shiru, the runner-up in the annual Baker contest.
Let the heart accept more possible exclusive interviews with Wang Shiru, the runner-up in the annual bean baking contest, Wang Shiru, who has become famous for several years, may be able to make a good comment. When you walk in all the trade shows, courses, coffee industry activities, how to change from a visitor to an honorable competitor, Wang Shi if there are more people behind it.
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