Monday 03 October 2022

CATEGORY

Market & Trade

New report shows leading companies’ increase in sustainable coffee purchases

BONN, Germany – A new report, GCP Snapshot 2021, from the Global Coffee Platform (GCP) has revealed growth in sustainable coffee purchases of eight...

ofi has secures US$1,975M sustainability-linked loan

SINGAPORE – olam food ingredients (“ofi”), a global leader in naturally good food & beverage ingredients, has secured a multi-tranche sustainability-linked facility aggregating US$1,975...

Ethiopia earned $1.4B from coffee in budget year 2021/22

MILAN – Ethiopia expects to increase its annual commodity export income by 30% during the current budget year started July 8, 2022, reaching a...

Coffee futures prices rise sharply for the third consecutive day

MILAN – Coffee futures prices rose sharply for the third consecutive day. December ICE Arabica coffee futures closed 1,075 points up at 239 cents...

Olam Agri secures purpose-driven financing with new US$2,900 million loan

SINGAPORE – Olam Agri, the food, feed and fibre operating group of Olam Group Limited (“Olam Group”), announced today that it has secured a...

Coffee futures prices rally further to new highs on renewed supply concerns in Brazil and Vietnam

MILAN – Coffee futures prices rallied further on Tuesday on concern that excessive dryness in Brazil could reduce coffee yields affecting global coffee supplies....

Arabica prices rebounded on Monday resuming the upward trend, Robustas rose marginally

MILAN – Arabica coffee prices rose sharply on Monday on negative weather news from Brazil. There are fears that an excessive dryness could reduce...

Shanghai International Coffee Harbor to reach a trading value of $1.5 billion by 2025

SHANGHAI, China – The Shanghai Hongqiao International Coffee Harbor, which was certified on August 4 as a coffee trading and exhibition platform, is expected...

Brazilian coffee farmers fear the influence of La Niña in the coming weeks, Cepea reports

SAO PAULO, Brazil – The recent rains observed in several coffee-producing regions in Brazil may have been enough to induce an early blooming –...

Safras & Mercado says Brazil’s crop may be lower than expected

MILAN – According to last Thursday's data from Safras & Mercado, Brazilian coffee farmers harvested 89% of the 2022/23 coffee crop as of Aug...

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