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2016

Culture

South Korea’s imports of coffee products reached record levels in 2016

Desk3 -
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.
Coffee Machines

De’Longhi Group closes 2016 with flat revenues, up in the fourth quarter

Desk3 -
TREVISO, Italy – The De’Longhi Group closed 2016 with a slight decrease against 2015 (-2.5%) and essentially flat at constant exchange rates (-0.2%). CEO Fabio...
Institutions

Vietnam’s export sharply up in 2016 says MARD

Desk3 -
HANOI, Vietnam – In 2016, Vietnam shipped 1,790,000 tons of coffee to foreign markets, 33.6 percent more than in the previous year, according to...
Market & Trade

ICE Notice: Thanksgiving Day Holiday trading schedule

Desk3 -
NEW YORK, U.S. - ICE Futures U.S. will observe the trading schedule below for the 2016 Thanksgiving Day Holiday. Changes from regular trading hours and daily settlement window times are shown in bold, all times shown in NY time.
Market & Trade

ICE Notice: 2016 Holiday Calendar

Desk3 -
NWE YORK, U.S. - The ICE Futures U.S. -part of the Intercontinental Exchange, Inc. (ICE),  the leading global network of exchanges and clearing houses...
Climate

Tropical activity slows El Niño decline

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MELBOURNE, Australia - A strong El Niño persists, but ocean temperatures in the tropical Pacific are showing a gradual cooling signal. Climate models suggest...
Production

Indonesian coffee production to increase by 9% in 2016

Desk3 -
MILAN - The Indonesian Association of Coffee Exporters and Industries (AEKI) said coffee bean production should rise by 9% to 600,000 tonnes or 10...
Associations

Scae Ireland releases Cds Calendar for 2016

Desk3 -
DUBLIN, Ireland - SCAE Ireland is happy to announce the fifth year of the SCAE Coffee Diploma programme. The SCAE Coffee Diploma encompasses coffee...
Market & Trade

Bloomberg announces 2016 target weights for the Bloomberg Commodity Index

Desk3 -
Bloomberg announced last week the composition and 2016 target weights for the Bloomberg Commodity Index (BCOM). Launched in 1998, BCOM is a highly liquid...
Roasters

Revived coffee sales boost Smucker’s first quarter results

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J.M. Smucker, the maker of Smucker's jams and Folgers coffee, reported a better-than-expected increase in income for the first quarter ended July 31, 2015,...
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