The International Coffee Organisation announced that in February 2021, the ICO composite indicator continued its upward trend.
The ICO announced that Arabica prices rose in January, while Robusta prices decreased and stocks for both grew.
Nestlé has pledged to increase its sustainability efforts in relation to the Nescafé brand, with just one of the goals being to make Nescafé coffee 100% responsibly sourced by 2025.
The new service marks the Port of New Orleans’ third direct-Asia service and shows continued investment in the New Orleans market internationally.
According to the International Coffee Organisation’s latest report, prices for Arabica group indicators grew in December 2020, with the largest increase occurring for Brazilian Naturals.
The ICO’s November green coffee report reveals that world coffee production in coffee year 2019-20 decreased although production exceeded global consumption as world coffee demand decreased.
The International Coffee Organisation has issued its October coffee report, which shows mixed results.
Last week, the Tea and Herbal Association of Canada (THAC) held a two-day virtual North American Tea Conference under the theme, “The Present Reimagined.” The event offered a strong mix of presentations covering the impact of Covid-19 on Canadian consumption trends, consumer behaviour and purchasing patterns, as well as the pandemic’s effect on the global tea industry.
100 bidders from 17 countries and regions joined the virtual Singapore Specialty Coffee Auction held on 1 October 2020.