Kraft hikes prices for Maxwell, Yuban coffees

By Reuters
Posted Dec. 15, 2010 at 7:53 a.m.

Kraft Foods Inc. raised list prices on its well-known Maxwell House and Yuban coffee brands in the United States, effective Dec 14, a company spokeswoman said Wednesday.

The company raised the price of roast and ground coffee by about 12 percent, and instant coffee by about 4 percent.

Spokeswoman Bridget MacConnell cited a significant increase in the price of green coffee.

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