Data Intelligence for the coffee industry
During the first eight months of the coffee year 2016/17 (from October to May) total coffee exports have been higher than the previous year (3.9 million bags higher). According to Ico, in May 2017 total coffee exports came to 10.9 million bags, 8.8% higher than in May 2016. Among the top coffee-producing countries, Brazil has seen a decline in exports for two
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 complexity of an espresso blend is something very important for the roaster. It is part of his “savoir faire” and his own knowledge. By coffee roasters, the recipe is the identity of the brand and therefore all recipes are well protected against hard copy. As recipes can’t be protected by IP, a way to do it is to complexify
ASIA – World robusta coffee demand is expected to grow in the coming months, driven by rising consumption in emerging economies, and will sharply outpace stagnant demand for arabica, according to JakartaGlobe that reported a Reuters news. Consumers in emerging economies, notably in Asia, are driving demand growth for robusta, used in cheaper instant coffees, while demand for arabica beans, blended