During a micro-lot auction held at the Singapore International Coffee Convention in July 2021, the highest bid of US$77 per kilogram was recorded for Gesha beans grown by Finca Santa Teresa in Panama.
After you factor in mark-ups for distribution, storage, roasting, packaging and retail, it’s not surprising that a bag of freshly-roasted beans can sell for upwards of S$40 per 250gm.
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