Tuesday 03 October 2023
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outlook

Science

Bom’s Enso Outlook moves to Alert showing increased likelihood of El Niño

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MELBOURNE, Australia — The El Niño–Southern Oscillation (ENSO) is currently neutral, but the Australian Government Bureau of Meteorology's ENSO Outlook has moved to El...

Enso is still neutral, but sea surface temperatures continue to warm

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MELBOURNE, Australia – The El Niño–Southern Oscillation (ENSO) is currently neutral, but sea surface temperatures in the tropical Pacific Ocean have continued to warm,...
Chocolate

Moody’s upgrades Barry Callebaut to Investment Grade Baa3, outlook stable

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MILAN — Barry Callebaut, the world's leading manufacturer of high-quality chocolate and cocoa products, announced that today Moody's Investor Service, one of the most...
Science

El Niño Watch continues, positive Indian Ocean Dipole may develop, says BOM

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MELBOURNE, Australia — The El Niño–Southern Oscillation (ENSO) remains neutral. However, the Australiian Bureau of Meteorology's ENSO Outlook is at El Niño WATCH, which means...
Chocolate

Barry Callebaut reports 9-month key sales figures for Fiscal Year 2017/18

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Barry Callebaut Group reported today 9-month key sales figures for Fiscal Year 2017/18. In the first 9 months of fiscal year 2017/18 (ended May...
Climate

La Niña ends, El Niño-Southern Oscillation returns to neutral, says Bom

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MELBOURNE, Australia — The 2017–18 La Niña has ended. El Niño–Southern Oscillation (ENSO) indicators have eased back to neutral levels over the past several weeks. According...

Olam reports soft finish to strong 2017 due to lower contribution from coffee

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SINGAPORE — Olam revealed yesterday a soft finish to a stronger 2017, undermined by a “significantly lower contribution” from coffee. Excluding one-time factors, earnings...

Starbucks results miss expectations despite record revenue for Q1 2018

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MILAN – Shares of Starbucks slid 4.6 percent in after-hours trading on Thursday despite the company reporting record revenue. In the fiscal first quarter...

Uk coffee shop market resilient but Brexit uncertainty hinders growth

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The £9.6bn UK coffee shop market grew by 7.3% in turnover during 2017, making it one of the UK’s strongest performing sectors. Project Café2018 UK,...
Institutions

Coffee prices fall, after reaching 4‐month highs, as market is well‐supplied

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LONDON – The ICO composite indicator rallied briefly to above 135 US cents/lb but quickly fell back to the level of June. This comes...
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