Friday 03 May 2024
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forecast

Companies

Vietnam: Domestic prices hit 6 month-high on Monday

Desk3 -
MILAN - Rising prices may push up Vietnam’s coffee sales in the coming weeks. Shipments from Vietnam are seen this month between 120,000 and 160,000 tonnes compared to 160,000 in April ...
Companies

Mondelez International reports better-than-expected profits

Desk3 -
Mondelez International's reported better-than-expected revenue and profit. The company said that a mix of higher volumes and prices in certain markets helped to offset the impact of ...
Climate

El Niño declining: 50 percent likelihood of La Niña for later in 2016

Desk3 -
While the 2015–16 El Niño remains at weak to moderate levels, recent changes in the tropical Pacific Ocean and atmosphere, combined with current climate...
Market & Trade

Rabobank sees Brazilian output at 51.8 million bags

Desk3 -
LONDON – Brazil, the world’s largest coffee producer and exporter, will harvest a crop of 51.8 million bags in 2016/17, up 2.6 million bags year-on-year, but partly below market expectations, Rabobank said on Wednesday...
Production

Exports from Vietnam to exceed expectations also this month

Desk3 -
MILAN - Vietnam may have shipped 120,000 tonnes (2 million 60-kg bags) of coffee in February, once again exceeding market expectations and official forecasts,...
Cocoa

ICCO to release its first crop forecast for 2016 at the end of the month

Desk3 -
LONDON, UK - The current cocoa market review reports on cocoa price movements on the international markets during the month of January 2016. Chart...
Market & Trade

IBGE sees Brazil’s crop at 49.7 million bags

Desk3 -
MILAN - Brazil's coffee output will surge 12.7 percent to 49.7 million bags in coffee season 2016/17, according to the latest monthly report from the Brazilian Institute of Geography and Statistics (IBGE).
Climate

El Nino could complicate harvest operations in Brazil

Desk3 -
MILAN - Brazilian farmers may face wetter than usual weather conditions due to the lingering effects of El Nino phenomenon as the country is...
Market & Trade

Prices up from multi-year lows

Desk3 -
MILAN - Domestic coffee prices edged up this week from multi-year lows hit, according to trade sources. On Tuesday, robusta eased to 30,600-31,000 dong...
Market & Trade

Brazil may reap a record crop in 2016

Desk3 -
MILAN - Brazil will harvest a bumper crop this year, possibly the biggest in its history. In its first official forecast for the 2016/17...
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