What is the fairtrade minimum price?
The fairtrade minimum price covers the costs of sustainable production and is defined for each individual product by the fairtrade standards. The fairtrade minimum price guarantees producers a basic price for their products and gives them stability and security. If prices on the world markets rise above the fairtrade minimum price, the farmers' cooperatives and plantations receive the higher world market price. Fairtrade minimum prices do not exist for every product.