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Cost of coffee at Starbucks in Hong Kong goes up as bean prices rise, other chains warn some speciality drinks could hit HK$100 a cup

Hong Kong’s major coffee chains say they are not raising prices yet despite an increase in the cost of coffee beans worldwide.Pacific Coffee, The Coffee Academics and NOC told the Post they have not passed higher costs on to consumers, although Starbucks – the city’s largest coffee chain – has raised prices by about 5 per cent.The higher cost of beans is partly down to the coronavirus pandemic wreaking havoc on global supply chains and shipping, which has also resulted in higher imported food…

Read the original article at South China Morning Post

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