Market analyses and reports on the coffee and coffee machine markets
Intercontinental Exchange Inc. has proposed changes to its robusta coffee contract, said people familiar with the matter. These changes are made in order to provide a level playing field for all buyers and sellers, Bloomberg reports. Traders bringing coffee from producing countries to be delivered against ICE’s London futures would have to pay the fee for removing the beans from
One of the biggest dilemmas or even traps the Independent Coffee Shop owner faces is getting themselves away from the day to day operation. There can be many reasons for this, sometimes the overriding pride or passion leads the owners to believe that only they can serve the customers properly, resulting in that well know disease ‘presenteeism’. The symptoms are
Rwanda is the second country after Kenya to export much of its coffee in the EAC Region. For this reason, the president of Coffee Exporters and Processors Association of Rwanda (CEPAR), Pierre Munyura Kamere, sees coffee as a key element to attain sustainable development, reports allAfrica. CEPAR, founded in 2010, has as aims to increase the production, promotion and marketing
Ecom Agroindustrial Corp. is expanding its business in Europe with a new office in Italy, as reported by Bloomberg. The world’s second-largest coffee trader just opened their office in Genoa, according to Guillaume Zbinden, Ecom’s southern Europe coffee manager. Also, the trader hired Davide Rocca from Louis Dreyfus Co. to lead the team in Italy, which is the third-largest coffee
A poll by Reuters on 11 traders and analysts showed a price increase across the board with arabica and robusta both experiencing harvest related problems. Weather conditions have affected coffee producers in many countries. Fortune reports the El Niño have affected growers in Asia, especially Vietnam. In Uganda, droughts in the south and south western regions are expected to reduce production.
Droughts in Uganda may cut down expected coffee exports, a farmers’ group has declared. There is going to be an expected 5% reduction due to droughts, the industry regulator. This is due to extensive droughts that hit the southern and south-western regions of Uganda two months ago. This has strained crop yield. Expected export will drop to 3.6 million 60-kilogram
Physical robusta coffee trade in Europe has begun to decrease during the summer holiday. However, traders said that flows of Indonesian robusta coffee have strengthened after a futures rally and a late start to harvest, as announced by Business Recorder. Since cash trade slowed in Europe and a number of factories were set to shut for a few weeks during
On Wednesday 13th July, Starbucks Corporation announced a financial investment and global licensing deal with Princi, the renowned Italian boutique bakery and café. Starbucks, Milan-based Angel Lab and Pekepan Investments, will focus on expanding the number of standalone Princi locations worldwide. In 2017 the corporation will open the first store in Seattle, and then they will open in Shanghai and
A ban on a range of vegetables, fruit, and flowers from Uganda was imposed by the Federal Service for Veterinary and Phytosanitary Surveillance. The ban is aimed to fight contraband goods that might be shipped to Russia from Europe via African countries despite the sanctions. Earlier this year the Federal Service for Veterinary and Phytosanitary Surveillance banned reexport of certain
The coffee culture came to Poland quite late – in the end of the 80s. Before that the only coffee you could find in the country was Robusta which was not easy to buy. After becoming a democratic republic, Poland got access to all varieties of coffee though it took time to catch up with the rest of Europe. Today Poland has joined the third wave of coffee [Sign in to continue]