Roasted coffee beans and cup

Global coffee prices have been on a downtrend since October 2014 when arabica futures reached an intraday high of 225.50 cents/lb, the highest for the front month since January 2012. At that time forecasts for continued dry weather in Brazil raised concerns ov...

India - Cafe Coffee Day to file for IPO in June to raise $180 mln

Coffee Day Enterprises Ltd, the holding company of the Cafe Coffee Day chain of restaurants founded by V.G. Siddhartha, will raise INR11.5 bln (nearly $180 mln) through an initial public offering (IPO), accordi...

Japan - Green coffee stocks up modestly y-o-y in March 2015

Green coffee stocks held in Japanese ports reached 2.960 mln 60-kg bags (177,628 tonnes) at the end of March 2015, down slightyl from 3.015 mln at the end of February but up modestly from 2.925 mln at the same ...

Brazil - Economic worries not seen impacting domestic consumption

Domestic coffee consumption in Brazil is expected to grow 2% in 2015 with the main driver expected to be the single-serve segment, where sales may increase between 40% and 50%, according to industry association...

Uganda - Coffee exports fall 21% in April 2015

Uganda exported 264,065 60-kg bags of coffee in April 2015, down sharply from 332,635 exported during the same month last year, the state-run Uganda Coffee Development Authority (UCDA) said. April's coffee expo...

Vietnam - Coffee exports seen down at 100,000 tonnes in May 2015

Vietnam will export an estimated 100,000 tonnes (1.67 mln 60-kg bags) of robusta coffee in May 2015, down 27.3% from a year ago, the General Statistics Office said. The May shipment brought total coffee export...

Japan - Green coffee stocks stay at 3.0 mln bags in February 2015

Green coffee stocks held in Japanese ports reached 3.015 mln 60-kg bags (180,888 tonnes) at the end of February 2015, hardly changed from 3.024 mln at the end of January but up modestly from 2.928 mln at the sa...

Angonabeiro, an Angolan company of Portuguese group Nabeiro, will invest $1 bln in the purchase of the entire share capital of Angolan state coffee co...

European Union - Ornamental coffee plants from Costa Rica and Honduras banned

The phytosanitary measures implemented by the European Union have been in force since May and aim to prevent the entry of the bacterium Xylella fastid...

Brazil - Terra Forte keeps 2015/16 crop estimate at 47.28 mln bags

Brazil's 2015/16 coffee harvest now underway is expected to yield 47.28 mln 60-kg bags, unchanged from the previous estimate in February, coffee expor...

Vietnam - USDA attache sees 2015/16 coffee output up at 28.67 mln bags

Vietnam is forecast to harvest 28.67 mln 60-kg bags of coffee in its next 2015/16 (Oct/Sep) crop, up 500,000 bags from the current season, due to good...

International - Volcafe raises coffee output forecasts

Volcafe, the Swiss-based coffee division of commodities house ED&F Man, raised its global coffee output forecasts due to an improving production o...

Cameroon - Robusta exports nearly triple in April 2015

Robusta coffee exports nearly tripled to 7,575 tonnes in April 2015 from 2,622 in the same month last year and compared with 984 tonnes in the previou...

Italy - Massimo Zanetti prices May listing IPO

Massimo Zanetti Beverage Group (MZB) will list a stake of up to 35.6% on the Milan bourse in an initial public offering that could value the group at ...

 

Colombia - Fedecafe head to step down on June 1, 2015

Colombia's farmer-funded National Federation of Coffee Growers (Fedecafe) said on May 13 its head, Luis Genaro Munoz, will step down on June 1 and that the COO ...

Brazil - Government rescinds decision to allow coffee imports from Peru

Brazil's government said it would not allow imports of Peruvian coffee, reversing last month's decision to open its market to its South American neighbour.The a...

Angola - Angola strives to revive top coffee producer status in Africa

Angola strives to revive its coffee plantation and production, China's state news agency Xinhua cited the Secretary General of the Inter-African Coffee Organiza...

El Salvador - Coffee exports jump 17% y/y in April

El Salvador exported 76,418 60-kg bags of coffee in April 2015, up 17% from 65,249 bags in the same month a year earlier, the National Coffee Council (CSC) said...

Arabica sign on roasted beans

United States - ICE certified arabica stocks rise as of May 26

ICE certified arabica stocks rose by 2,693 60-kg bags to 2,153,805 bags as of May 26, exchange data showed. There were 59,335 bags pending grading, 5,925 were g...

Coffee mug

Italy - Study says coffee is the national drink

As much as 96.5% of Italians between the ages 18 and 65 drink coffee making java the “National Drink of Italians”, says a study by Astra Ricerche conducted for ...

Coffee beans at different roasting stages

First estimate of World Coffee Production 2014/15

Global coffee prices continued to be on a rollercoaster ride in the past couple of months as ongoing uncertainty over the extent of drought damage to Brazil's 2...