Indonesia
Expat. Roasters opens Jakarta coffee shop
Indonesia-based specialty coffee producer, Expat. Roasters, is opening its latest venue in the heart of Jakarta.
Arabicas drop slightly while Robustas remain firmly above 120.00 US cents/lb
The ICO reports that Arabicas drop while Robustas remain above 120.00 US cents/lb in September; world economies and rising costs of living expected to impact consumption.
Nestlé to pilot weather insurance programme for Indonesian coffee farms
Nestlé announced that it is piloting a weather insurance programme, with climate insurance specialist, Blue Marble, in Indonesia for more than 800 smallholder coffee farmers that supply coffee to its brand, Nescafé.
Robusta prices hit near record highs in August
The International Coffee Organization reports that Arabica-Robusta price movements recouple in August — Robustas remain at near record highs.
Expat. Roasters opens its first store outside of Bali
Indonesia’s specialty coffee producer, Expat. Roasters, opened their highly anticipated third store in Surabaya earlier this month.
OFI joins partnership to promote sustainable Indonesian coffee production
USAID has launched a new project to promote sustainable coffee and cocoa production in Indonesia with the Indonesian government, The Hershey Company, Rikolto, and PT. Olam Indonesia.
Nescafé Plan 2030 Progress Report published
Nescafé has published its first Nescafé Plan 2030 Progress Report (pdf, 12Mb), conducted in partnership with the Rainforest Alliance, from 2018 to 2022.
Expat.Roasters releases its CSR report for 2022
Expat.Roasters has announced the release of its Corporate Social Responsibility (CSR) report, highlighting its achievements and progress made throughout 2022.
World Coffee Research releases new Robusta variety catalogue
Robusta farmers have a new open-access resource at their fingertips—World Coffee Research’s (WCR) Robusta Variety Catalog, which is available in English and Spanish, and profiles 47 robusta varieties.
April coffee prices rise on the heels of decreasing exports
In its latest report, the ICO stated that the I-CIP expanded to 178.57 US cents/lb in April 2023, supported by decreasing exports.
Green tea makes global share gains
The global green tea market continues to trend in a positive direction, with signs of further development. The evidence supporting green tea’s improved status can be seen in areas of production, exports, and consumption in major domestic markets. By Jason Walker
ICO reports reduced exports for current coffee year drove up prices in February
Reduced exports for current coffee year drive the ICO’s I-CIP up 11.4% in February 2023.
Coffee prices end 2022 on a stable note
The ICO reported that coffee prices close 2022 securely, coalescing at around 160 US cents/lb.
Despite a 12.3% setback in November, coffee prices stabilised
Although all average prices for all coffee groups fell in November, the I-CIP remained firm posting a median value of 156.83 US cents/lb.