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Brazil

Market & Trade

Brazil: Quotes of Robusta coffee drop 5.4% in April according to Cepea

Desk3 - April 21, 2017

SAO PAULO, Brazil – Quotes of Robusta coffee dropped in the Brazilian market in the first fortnight of April, pressed down mainly by the harvesting advance in Rondônia, the nearness of harvesting activities in Espírito Santo and the return of the Funrural (Rural Workers' Assistance Fund) charge.

Companies

Dolce Gusto launches limited-edition Brazilian capsule in South Korea

Desk3 - April 20, 2017

SEOUL, South Korea – Capsule coffee brand Nescafe Dolce Gusto has launched a limited-edition single-origin Brazilian capsule, the company said Thursday. The Catuai do Brazil capsule contains Catuai Arabica, chosen by Dolce Gusto’s coffee creators out of the 50 kinds of Arabica beans grown by the South American company.

Market & Trade

Vietnam beats Brazil to top global coffee exports in March, say reports

Desk3 - April 14, 2017

HANOI, Vietnam – Vietnam exported 2.8 million bags of coffee last month, topping Brazil's shipments of 2.71 million bags. Vietnam exported 168,000 tons, or 2.8 million bags, of coffee last month, beating the world's biggest producer Brazil to become the world's largest exporter of the commodity for the second ...

Companies

MZB Group looking to new acquisitions in Asia-Pacific, Latin America

Desk3 - March 23, 2017

MILAN – Italy-based global coffee roaster and marketer Massimo Zanetti Beverage Group is interested in buying a strong brand in Brazil to increase its presence in Latin America, the company’s COO Pascal Héritier said yesterday on the sidelines of a conference in Milan. Heritier said the group was looking for a brand with a good distribution network ...

Awards

The 26th Ernesto Illy Award has winners from 3 regions in Minas Gerais

Desk3 - March 20, 2017

SÃO PAULO, Brazil – Minas Gerais (Brazil) demonstrated the excellence of its specialty coffees at the 26th Ernesto Illy Award for Quality Coffee for Espresso. Arabica beans from three different regions within the state were recognized as the best of the 2016/2017 crop by the illycaffè prize, which elected CBI Agropecuária, from Chapada de Minas ...

Market & Trade

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

Desk3 - March 13, 2017

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.

Market & Trade

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

Desk3 - March 9, 2017

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.

Coffee

Brazilian entrepreneur creates coffee brand aimed at Chinese consumers

Desk3 - March 6, 2017

SHANGHAI, People’s Republic of China – Carioca Coffee is a brand of products designed with Chinese consumers in mind that will be sold only in Asia, businessman Leonardo Scarpelli, one of the owners of trading company Meeet, established in Shanghai told Brazilian newspaper O Globo.

Market & Trade

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

Desk3 - March 3, 2017

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 ...

Companies

Why has Brazil’s President Temer decided to backtrack on coffee imports?

Desk3 - February 24, 2017

BRASILIA, Brazil – Brazil's president has suspended authorization for local processors to import coffee beans from Vietnam. It meant a sudden reversal of a...

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Brazil

Latest news

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Nestlé reports 1Q sales of CHF 22.1B (-5,9%) below consensus, Nespresso’s sales at CHF 1.5 B, down by 4.1% year-on-year

Nespresso launching in India, first boutique to open in Delhi