exports
Colcafé recognised with the National Exports Award 2021
Colcafé, Colombian roaster and grinder of coffee blends and manufacturer of instant coffee, has been awarded with a National Exports Award in recognition as an innovative global partner in coffee solutions.
FNC receives Authorized Economic Operator accreditation
FNC, the first large coffee exporter in Colombia, is accredited as Authorized Economic Operator.
Coffee prices reach multi-year high hitting 200 US cents/lb mark
The ICO reported that in December 2021 coffee prices broke through the 200 US cents/lb mark in a decade long high.
Coffee prices reach new highs for August 2021
According to the ICO’s latest report, coffee prices reached new highs in August 2021 as concerns about future supply and increasing freight costs remain the key drivers of the market.
Coffee prices jump double digits in May
The ICO reported that coffee prices surged higher in May 2021, showing signs of progressive recovery with revival in demand and concern over Brazil’s upcoming crop.
Coffee prices rally in April 2021
The ICO reports that coffee prices improved in April 2021.
Tetley Tea awards long term logistics & distribution contract to Port of Tyne
The contract covers the movement of thousands of tonnes of raw tea plus finished product each year.
Coffee prices rise but fall towards end of March
According to the ICO’s latest report, coffee prices rose slightly – up 0.8% – in March versus February, confirming an upward trend over the last five months, representing the highest monthly average since coffee year 2017-18.
ICO composite indicator increases for the 4th consecutive month
The International Coffee Organisation announced that in February 2021, the ICO composite indicator continued its upward trend.
Arabica prices rise in January while Robusta falls
The ICO announced that Arabica prices rose in January, while Robusta prices decreased and stocks for both grew.
Arabica prices rise in December per ICO’s latest report
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.
November coffee prices rise on concerns over 2021 production
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.
ICO reports September 2020 coffee exports rose, but 2019-20 shipments fell
The International Coffee Organisation has issued its October coffee report, which shows mixed results.
Covid-19’s effect on tea origins and production
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.