Coffee is of great significance in the world economy as the largest single commodity entering the international trade, after petroleum and petroleum products. The issue of spatial market integration lies at the heart of major coffee markets. The consumption of coffee mainly concentrated in southern India, three major metropolitan cities ., Bengaluru, Hyderabad and Chennai were considered for the study. The data on monthly retail prices of coffee seed were collected from Coffee Board, Bengaluru. The Linear trend analysis, co-integration technique and Markov chain model applied for the analytical work. |
