Wednesday, June 28, 2017
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South Korea’s imports of coffee products reached record levels in 2016

SEOUL, South Korea -- South Korea's imports of coffee products surged to record high levels last year on the back of burgeoning demand for the brewed drink, government data showed Friday. The inbound shipments of coffee products, such as raw beans, coffee beans and coffee capsules, reached 159,000 tons at the end of December.

InterCafé Burundi to organize a 5 day Coffee Tour to Burundi in June

MONTREAL, Canada – InterCafé Burundi supported by the World Bank asked TGEP Inc. is organizing a visit next month to rediscover and appreciate the development and the quality of Café du Burundi.

Marcus Reis appointed as new global coffee head of Louis Dreyfus

PARIS – Commodity trader Louis Dreyfus Company has appointed Marcus Reis, as its new global head for coffee, effective immediately, the group said on Thursday. A longstanding oilseed manager at the firm, Reis replaces Mikael Morn, who had served in the role since January 2015 and who will leave the company for personal reasons

Vietnam’s May coffee exports extend downtrend to finish at 6-month low

HANOI, Vietnam – Vietnam will ship an estimated 120,000 tons (2 million bags) of coffee this month, the lowest volume in six months and a drop of around a quarter from a year earlier, the government said on Monday. This figure would bring the accumulated ...

California farmers are trading avocados for specialty coffee beans

GOLETA, Calif., U.S. – Things aren't so easy for avocado growers in California these days. There's more competition from Mexico and less water. And the old trees just don't bear fruit like they used to. But the New York Times reports that's giving rise to a surprising new California crop: coffee.

U.S. green coffee stocks rise in April for fifth straight month, says GCA

NEW YORK – U.S. green coffee stocks in warehouses in all ports of the United States rose for the fifth straight month in April, Green Coffee Association (GCA) data showed on Monday. Stocks were up by 165,497 60-kg bags to 6,890,354 bags for the month ending April 30.

Chinese city of Chongqing becomes world’s major coffee distribution hub

CHONGQING, People’s Republic of China – Chongqing in southwest of China has become one of the world's major distribution centre and country's largest e-commerce platform for coffee. Even though Chongqing does not produce coffee beans, the coffee exchange has benefitted from the Chongqing-Xinjiang-Europe railway that runs directly ...

Coffee exports from Honduras top 4 million bags in the October-April period

TEGUCIGALPA, Honduras – Coffee exports from Honduras, Central America’s largest producer and exporter, surged 15.2 percent in April thanks to an increase in output, the National Coffee Institute (IHCAFE) reported on Tuesday. Coffee sales abroad rose to 821,318 60-kg bags last month, compared to 713,122 bags in April 2016 ...

Coffee growers in Karnataka suffer price crash, despite lower output

MADIKERI, India – Coffee prices have been falling sharply since January, compounding the worries of drought-hit growers. The prices of a 50-kg bag of Arabica parchment coffee dipped by 20 per cent in four months. However, Robusta coffee prices have remained relatively stable, falling a little over 7 per cent …

Vietnam in gradual shift to exporting more roast and ground coffee

BINH DUONG, Vietnam – The TNI King Coffee Factory that recently opened in Vietnam's southern province of Binh Duong is the latest player to join the race to ship more finished coffee products from the world's second-biggest producer. With an investment of ...