Tag: India

Heavy Rains, Millenials & US Election Influencing Coffee Prices

Election Influencing Coffee Prices

Raw coffee at it’s highest in Vietnam
The Ministry of Agriculture & Rural Development’s Agro, Forestry & Fishery Processing & Salt Industry has revealed raw coffee prices in the Central Highland provinces of Vietnam has gone up to it’s highest level in 3 years, reports Talk Vietnam. FOB price for Robusta coffee at the Sai Gon Port saw a rise by $88 per to $2,043. Vietnam exported 121,000 tonnes of coffee in the first 10 months of this year. This brought about earnings of up to $246 million with Germany and the US being the two largest export markets holding 15.2% and 13.2% respectively in the first nine months.[Sign in to continue]

Coffee Machines Expected To Grow In The Indian Market

Coffee machines in the Indian market

Previously the coffee demand in Indian market used to be limited to instant coffee and ready ground filter coffee which is now diversifying into more innovative coffee varieties. This in turn is showing, the automatic and semi-automatic machines that are capable of brewing Italian coffee, their way into the Indian market.

As the India Coffee Shops & Cafe Market Forecast & Opportunities report, coffee market and café culture is expected to grow to a one billion Rupee value by 2017, that’s more than 14 million USD. The growth is quite evident as the outlets of various coffee chains can be seen popping up. Among the most popular coffee chains are the Café Coffee Day and Barista. [Sign in to continue]