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Market & Trade

Coffee industry in Vietnam turns bitter, exports are down 5.4% on year

Desk3 -
HANOI, Vietnam – Nationwide coffee exports for 2017 are expected to fall 30% in volume with revenue climbing to US$3.35 billion, said Do Ha Nam, vice chair of Vietnam Coffee and Cacao Association recently. The Ministry of Agriculture and Rural Development in turn estimated the export volume in the first quarter when compared against ...
Market & Trade

Market weakens further due to high exports and increasing inventory levels

Desk3 -
LONDON – In March, the ICO composite indicator price fell slightly. While Robustas remained broadly stable, Arabica prices were under pressure. Despite the poor Conilon/Robusta harvest in Brazil and Vietnam, the market remained well supplied as export levels in the period October 2016 to February 2017 ...
Market & Trade

Kenya coffee price at NCE declines by 16 percent on low quality beans

Desk3 -
NAIROBI, Kenya – The price of coffee declined by 16 per cent at the Nairobi Exchange last week as low quality beans take a toll on the value. According to a market report from Nairobi Coffee Exchange (NCE), the country’s coffee has been registering lower prices attributed to poor quality of beans delivered by farmers as the main crop season ends.
Cocoa

ICCO’s Report: cocoa futures prices continued their downward trend

Desk3 -
ABIDJAN, Côte d'Ivoire – The current review reports on cocoa price movements on the international markets during the month of February 2017. Chart I illustrates price movements on the London (ICE Futures Europe) and New York (ICE Futures U.S.) markets for the month under review.
Companies

Are Starbucks customers willing to pay even more for a cup of coffee?

Desk3 -
MILAN – After he steps down as Starbucks’ CEO, Howard Schultz plans to take on leadership of the company’s Roastery and Reserve brands. The idea behind those upscale concepts is to once again redefine coffee consumption both in the United States and around the world.
Market & Trade

Carnival and price drops in New York futures market limit trades in Brazil

Desk3 -
SAO PAULO, Brazil – The pace of arabica coffee trades was slow in Brazil and prices were dropping in late February. Sellers, who were refrained from the market, did not consider asking prices attractive. Besides, the recess because of carnaval in Brazil limited trades even more.
Market & Trade

Coffee bean output grew 50 percent in 2016 in China’s Yunnan Province

Desk3 -
YUNNAN, China – Farms across the southern reaches of Yunnan province combined to grow 50 percent more coffee beans in 2016 than in the...
Associations

Vietnam’s coffee exports hit all-time highs in 2016/17 reports VICOFA

Desk3 -
HANOI, Vietnam – Vietnam’s coffee industry had a record setting year for 2015/16 (Oct/Sep) as a bumper crop led to exports of 27 million...
Cocoa

ICCO Report: Cocoa prices recover slightly following unrest in Côte d’Ivoire

Desk3 -
LONDON, UK – The current cocoa market review reports on cocoa price movements on the international markets during the month of January 2017. Chart...
Companies

CEPEA: In 2016, robusta quotes surpass arabica prices for the first time

Desk3 -
The sharp price rise of robusta coffee, both in the domestic and the international markets, marked 2016. For the first time, robusta quotes surpassed...
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