Monday 18 March 2024
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CATEGORY

Market & Trade

How Luckin Coffee has successfully secured a dominant position in the Chinese market

CHENGDU, China —  Recently, Luckin Coffee has unveiled its annual financial report for 2023, revealing a total revenue of RMB 24.9 billion, with the...

Annual convenience services industry revenue reaches $26.6 billion, matching pre-pandemic levels

ARLINGTON, Va., USA – Convenience services industry annual revenue is estimated to have reached $26.6 Billion in 2023, for the first time matching the...

Brazil’s coffee exports reached 3.4 million bags in February, Robusta shipments at record highs, up 552% year-on-year

MILAN – Brazil ’s coffee exports rose sharply in February. According to newly released monthly data from Cecafé, export of all forms of coffee...

ICE reports record cocoa ADV in February, coffee OI up 8% y/y

ATLANTA & NEW YORK, USA – Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today reported February 2024 trading volume...

ICO report: Robusta prices reach 30-year peak, green coffee exports at record highs during January

LONDON, UK – The share of Robustas in world coffee exports increased steadily over the past three year, rising from 33.8% in 2020/21 to...

£4.6bn UK independent coffee shop market grew 4% over the last 12 month

LONDO, UK - World Coffee Portal’s The Independents Report UK 2024 shows the UK’s £4.6bn independent coffee shop market achieved 4% sales growth over...

Arabica prices continue to oscillate in Brazil, Cepea

SAO PAULO, Brazil – Arabica prices remain fluctuating significantly in both domestic and international markets, says CEPEA in its latest report. In Brazil, the...

Coffee futures markets seen as heading down by year’s end

MILAN – Coffee futures markets saw a recovery in the week between February and March. In New York, the main contract for May delivery...

KDP announces pricing of up to 100 million shares of common stock by JAB and repurchase of 35M shares

BURLINGTON, Mass. and FRISCO, Texas, USA – Keurig Dr Pepper Inc. (the "Company" or "KDP") announced on February 29th, 2024, the pricing of its...

StoneX sees Brazilian production at 67 million bags, up 4.2% on year

MILAN — US-based financial services company StoneX released the results of its Crop Tour, led for the sixth consecutive year through Brazil’s main coffee...

Ethiopia: longer waiting times for coffee exports due to attacks in the Red Sea

Coffee exporters from Ethiopia are forced to endure months-long waiting times to ship their products abroad as Houthi strikes continue to choke the Red...

Domestic robusta prices in Brazil reach their highest since October 2021, Cepea

PIRACICABA, Brazil – Quotations of robusta coffee upped significantly in January, boosted by international and domestic aspects, according to the latest report from Cepea,...

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