Wednesday, March 22, 2017
Coteca Horizontale

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Ten Peaks Coffee announces resignation of director Donald Schroeder

VANCOUVER, British Columbia – Ten Peaks Coffee Company Inc. ("Ten Peaks" or the "Company") yesterday announced that Donald Schroeder has stepped down as a director of the Company in order to pursue his other business interests. Mr. Schroeder has been a director since October 2014.

Unseasonal heavy rains take the flavor out of Vietnamese coffee crop

HO CHI MINH CITY, Vietnam – Heavy rain that hit swamped Vietnam's 2016/2017 coffee harvest has raised the ratio of low-quality beans and defects, traders said on Wednesday, with one major exporter saying quality is at its worst in nine years. Unseasonal rain that fell from October-December last year in Vietnam's Central Highlands coffee belt ...

Does domestic consumption pose a threat to Ethiopia’s coffee exports?

ADDIS ABABA, Ethiopia – According to a report by Euromonitor, Ethiopia is now one of the largest coffee markets in Africa with a rough estimate of 127,000 tonnes sold in 2015, which is a quarter of the total volume of coffee sold in the Middle East and Africa. The figure is comparable to those of much wealthier countries like South Korea and Russia.

Report outlines the top trends in the global OCS market from 2017 – 2021

LONDON, UK – Technavio’s latest report on the global office and commercial coffee services market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

Brazil comes close to losing to Vietnam top rank in coffee shipments

MILAN – Shipments of coffee in all forms out of Brazil totalled 2.483.057 bags in February, down 15.5% from the same month last year, the Coffee Exporters Council (Cecafé) reported last week. The drop in shipments was attributed to slower sales by farmers who preferred to wait for better prices.

Colombian coffee production rose 18% in February to 1.3 million bags

BOGOTA, Colombia – Colombia, the world's leading producer of mild washed Arabica coffee, produced a total of 1.29 million 60-kg bags in February, an 18% increase compared to the 1.1 million bags produced during the same previous month. Year-to-date production reached nearly 2.6 million bags.

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

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.

ICO Report: Coffee market turns down slightly as supply concerns ease

LONDON, UK – ICO indicator prices fell slightly across all groups but the decline was most pronounced for Robustas. The controversy concerning the need for Brazil to import Robusta to alleviate supply shortages ...

Vietnam’s coffee exports reach three-year highs in February, says GSO

HANOI, Vietnam – Coffee exports from Vietnam reached a three-year high of 130,000 tonnes in February, the government reported on Tuesday. February’s estimated shipments, equivalent to 2.17 million 60-kilogram bags, represent a rise of 9 percent over the ...

ICCO releases its first crop forecasts for the 2016/2017 cocoa year

LONDON, UK – The International Cocoa Organization today releases its first forecasts for the 2016/2017 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for 2015/2016, as summarized below. The data published in Issue No. 1 - Volume XLIII - Cocoa year 2016/2017 of the Quarterly Bulletin ...