Market analyses and reports on the coffee and coffee machine markets
Robusta prices are rising worldwide foreseeing its decreased yield in major Robusta growing areas like Vietnam and Brazil and so in Vietnam Robusta prices reached their highest in five years in the month of March (2017)– reports economiccalendar.com. On one hand, the changing climatic conditions are forcing coffee farmers to fold their coffee growing business causing prolonged dry conditions, like
According to The Times of India, 3,733 bags of arabica coffee was sold in a auction organized by Brazil’s crop supply agency, Conab, on April 5, 2017. The auction finished government’s coffee stocks for the first time in ten years. According to Conab, those who bought paid a 5% premium on average for at least 15-year old coffee beans that were
The prize is already being awarded for the sixth time by Koelnmesse and the German Vending Association (BDV) In good 3 weeks’ time, the international vending and coffee world will be meeting up in Cologne at Eu’Vend & coffeena 2017. Of course, in addition to business and networking, the focus will also be on the developments and innovations from and
Opposed to what looked like hurtful media campaign against the brand’s announcement of hiring refugees, hasn’t done any practical damage – says Starbucks in a letter that shows market research from Kantar Millward Brown, firm that has been providing Brand Equity measurement for Starbucks since 2013 (Reuters and Fortune.com). As the coffee giant made the promise to hire 10,000 refugees
According to Daily Coffee News , the first ever World Coffee Science Summit will be taking place on May 30 to June 2, 2017. The summit which will take place in San Salvador, El Salvador, will focus on science related issues that affect the sustainability of the coffee sector in the long term. It will specifically relate to coffee production and growth.
According to ICO , market weakens further due to high exports and increasing inventory levels. In March 2017, the ICO composite indicator price fell slightly. While Robustas remained broadly stable, Arabica prices were under pressure. The monthly average of the composite indicator was down by 2.6% to 134.07 US cents/lb in March from 137.68 US cents/lb recorded in February. The
The Union Centrale des Coopératives Agricole de l’Ouest, UCCAO, is planning to upgrade its coffee roasting plant. UCCAO, which is an agricultural cooperative in the Western region of Cameroon, has budgeted up to 400 million fcfa (about 650,000 USD) for this project, reports Business in Cameroon. For this to be possible, the cooperative recently signed an agreement with the government
Vietnam and India have uplifted back-to-back bans on some commodities that were placed earlier this month. The ban prevented Indian roasters from importing coffee beans from Vietnam. The ban by India was placed on March 7 and prevented coffee roasters from getting the raw material to meet up with local demand. In a statement on Friday, March 17, the Vietnamese
Eu’Vend & Coffeena – International Vending and Coffee Fair is already taking place for the eighth time and will once again present a clear profile in 2017. Nearly the entire vending industry is meeting in Cologne to demonstrate both its innovative strength and its extraordinary flexibility in supply needs at work, in everyday life and during leisure time. Once again
Carlyle Group and TPG Capital are the two giant American private equity firms interested in making a deal for Java House; a deal estimated to be worth some $100 million, as reported by forbes.com. Java House is an East African coffee chain founded by two Americans; Kevin Ashley and John Wagner in 1999. According to businessdailyafrica.com from a single shop offering