Friday 29 March 2024
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Marex Spectron forecasts large global surplus for coffee year 2018/19

LONDON – Marex Spectron sees a supply surplus of 5 million bags in CY 2018/19 driving by a bumper crop in Brazil. This would follow...

Rabobank revises down its forecast for CY 2018/19 to 56.8 million bags

MILAN – Following a 5,000km field survey around the coffee belt, Rabobank has downgraded its 2018/19 crop forecast for Brazil from 59 million 60kg...

Rabobank sees fairly good harvest in Vietnam

Rabobank revised marginally higher its forecast for futures prices of agricultural commodities in the likes of corn, soybeans, sugar and wheat. However, the Dutch group warned investors over dollar firmness ...

Barry Callebaut successfully prices bond

ZÜRICH, Switzerland - Barry Callebaut AG (the “Company”), the world’s leading manufacturer of high-quality cocoa and chocolate products, announced today the successful placement of...

Rabobank sees Brazilian output at 51.8 million bags

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...

Vietnam’s export down 24 percent in 2015

MILAN - Despite a 6.7% increase in the first quarter of coffee year 2015/16 (October-December), Vietnam’s exports fell sharply in 2015. Shipments were down...

Brazil’s Espirito Santo is facing its worst drought in 40 years

While the rain has come back in the coffee belt easing concerns over dryness in Minas Gerais, the situation remains critical in Espirito Santo....

FUTURES MARKETS – Arabica prices sharply down, close to 13-month lows

Arabica coffee futures on ICE fell sharply on Monday. The most active contract for May delivery settled down 2.9 cents, or 2.1 percent, at...

RABOBANK REPORT – Significant potential for Tanzanian coffee industry, but serious challenges remain

With proper investment and training Tanzania is well placed to achieve its potential in the global coffee markets. However, according to the latest report...

BRAZIL – Citi Research sees coffee output at 44.7 million bags in 2015/16

Brazil’s coffee output will reach 44.7 million bags in 2015 according to a forecast released by Citi Research, a unit of Citigroup Global Markets...

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