Asia
Coffee Prices Remain Low in July
After a slight rise in May, the International Coffee Organization (ICO) reports that prices for all group indicators fell for the second consecutive month in July 2018.
JING Tea Launches Fruit and Floral Range
JING Tea is launching a fruit and floral range hand crafted from real fruit and flowers.
Louis Dreyfus & Jacobs Douwe Egberts Launch Sustainability Project in Vietnam
Louis Dreyfus Company (LDC) is launching a new coffee sustainability project to benefit 3,000 farmers in Vietnam’s Dak Lak, Dak Nong, and Gia Lai provinces, in the country’s coffee-producing Central Highlands region.
Prices for All Coffee Groups Decreased in June
The International Coffee Organization announced that prices for all coffee groups fell in June 2018, though the largest month-on-month decrease occurred for Brazilian Naturals, which declined by 3.7% to 115.10 US cents/lb.
Starbucks Extends Partnership with Arla Foods
Starbucks has a new strategic licensing agreement with the farmer-owned dairy cooperative Arla Foods.
Prices for All Coffee Groups Rose in May
In May 2018, the ICO composite indicator increased by 0.7% to an average of 113.34 US cents/lb, following three months of declines.
Firepot Nomadic Teas Opens First Tea Bar
Firepot Nomadic Teas opened its first brick-and-mortar concept on 27 April.
Synergy Flavours Acquires Italian Flavours Supplier, Janoušek
Synergy Flavours Inc, a leading supplier of flavours, extracts and essences for the global food and beverage industry, recently announced its acquisition of Janoušek, one of the world’s first suppliers of herbal extracts and natural flavouring and an expert in Italian flavour profiles.
Blending, roasting & processing, Business, Equipment & packaging
ICO Reports Growing Divergence Between Arabica and Robusta Exports
In its April Coffee Market Report, the London-based International Coffee Organization (ICO) announced that global coffee exports amounted to 10.81 million bags in March 2018, compared to 10.91 million in March 2017, driven by decreased shipments of Arabica, particularly Colombian Milds.
Tea’s “Cheesy” New Topping
While not an avid tea drinker, I am a purist – I do not add any milk or sugar to my tea – nor do I like boba (bubble) teas so learning about the latest tea trend – cheese teas – caused me to cringe.
Colourful Cold Brews Debut at Starbucks in Asia this Spring
Starbucks stores in Asia are celebrating the arrival of spring with layered handcrafted coffee beverages featuring unique fusions of Signature Espresso and unexpected ingredients.
Coffee Market Recovers Slightly from December Slump
In its January report, the International Coffee Organization (ICO) announced that the coffee market recovered marginally from a sluggish December.
Peet’s Coffee Welcomes 2018 with a Golden Line Up
Peet’s Coffee announced a 2018 winter lineup influenced by turmeric, a flavourful and fragrant spice praised for its reputed health benefits.
Market Turns Negative as Robusta Prices Decline
The International Coffee Organization (ICO) reported that the coffee market reacted negatively as Robusta prices declined in November.