iPath Pure Beta Coffee ETN
Coffee consumption in the emerging markets grew by 10% in 2012, while consumption for the commodity in developed markets, such as Western Europe, decreased by 1% year-over-year (y-o-y).
A growing middle class in highly-populated countries, such as Brazil, Russia and China, is poised to keep demanding higher quantities of coffee. According to the Financial Times, "Analysts expect emerging markets to account for 50% of global coffee consumption by 2020, with more »
Coffee consumption in Emerging Markets (EM) grew by 10% in 2012 while consumption in traditional markets for the commodity - such as Western Europe - is decreasing by 1% Year over Year (YoY). Growing middle classes in highly populated countries such as Brazil, Russia and China are poised to keep demanding higher quantities of coffee. According to the Financial Times, "Analysts expect Emerging Markets to account for 50% of global coffee consumption more »
When people think of commodities trading, they normally consider a Middle Eastern good consumed primarily by advanced nations. While this is obviously an apt description of oil, it also paints a picture of coffee, the second most frequently traded good in international commodity markets. The demand for these two products follow similar patterns—as nations industrialize and experience augmented wealth, their appetite for these goods rapidly increases.
At first glance more »