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Saturday 28 December 2024
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ICO REPORT – Coffee prices reach highest levels in two and a half years on drought concerns in Brazil

LONDON – Coffee prices soared higher at the beginning of the month, with the ICO composite price gaining 15 cents in just 6 days,...

FAIRTRADE FOUNDATION – Sugar price crash could push 200k people into poverty

Fairtrade Foundation is urging the new EU Commissioner for International Cooperation and Development not to turn his back on sugar cane farmers. Big brands including...

ICO REPORT – Coffee season 2013/14 finishes in balance but deficit expected next year

LONDON – Coffee prices were volatile again over the course of September, mostly reacting to weather news from Brazil. Daily prices fell initially but...

INDONESIA – Export earnings to surge 10% in 2014

JAKARTA – Indonesia’s export earnings from coffee are expected to increase by at least 10% this year, thanks to the surge in the commodity’s...

FUTURES MARKETS – Arabica prices skyrocket to 32-month highs

MILAN – Arabica-futures rose to a 32-month high Monday on speculation that the lack of rains in the main coffee areas could affect the...

FUTURES MARKETS – Arabica prices near two-year highs

MILAN – Arabica-coffee futures reached a five-month high on Thursday driven by increasing concerns about dry weather in Brazil, as plants are entering the...

ICO REPORT – Coffee prices drop in June as market remains well supplied

LONDON – The monthly average of the ICO composite indicator was 7.3% lower in June compared to May at 151.92 US cents/lb, its lowest...

US – Kraft Foods Group to raise Gevalia coffee price by 7%

MILAN – Kraft Foods Group Inc will increase the price of its premium Gevalia brand coffee by about 7%, effective July 28. The decision...

US – Starbucks announces hike in prices

MILAN – Starbucks is planning to raise prices for certain coffee beverages this week, according to a Wall Street Journal report. Beginning Tuesday, some...

ASIA – Doubts raised about Vietnam’s predicted crop

According to the June 2014 USDA Report, Vietnam will harvest a new record crop of 29.2 million 60-kg bags of beans in 2014-15. However, doubts...

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