Ziga Povse

COFFEE BOARD TO PROMOTE INDIA’S COFFEE VIA E-COMMERCE

India’s Coffee Board has a roasting and grinding facility at its headquarters in Bengaluru and is committed to promoting pure coffee from India. The Board will deliver orders on the basis of orders received with a minimum margin. Although India is a large country with a huge population and excellent conditions for growing coffee, it […]

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VIETNAM COFFEE EXPORTS GROW DESPITE PRESSURE FROM GLOBAL UNCERTAINTIES

Although Vietnam is currently under pressure from rising inflation in key markets and global uncertainties, the country still managed to post record-breaking coffee exports in 2021/2022. Statistics from the General Department of Customs show that Vietnam exported 1.42 million tonnes of coffee in the first ten months of this year, up 10.8% from the same

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LUCKIN COFFEE INC. Q3 2022 FINANCIAL RESULTS SHOW A COMPANY COMMITTED TO GROWTH

Luckin Coffee, Starbucks’ biggest competitor in the increasingly crowded Chinese market, announced its financial results for the third quarter of 2022 on 22 November. The company reported strong growth in the third quarter and has been working to restructure its business after an accounting fraud nearly two years ago. We are pleased to deliver another

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U.S. APPEALS COURT SETS 60-DAY DEADLINE ON KEURIG ANTITRUST CASE

A federal judge in Manhattan has 60 days to move forward with the nearly 9-year-old antitrust case against Keurig Green Mountain Inc. before a federal appeals court reconsiders whether to intervene in the litigation, according to a court order on Tuesday. The New York-based 2nd U.S. Circuit Court of Appeals in an order declined “a

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SAUDI COFFEE COMPANY WANTS GROWTH IN DOMESTIC COFFEE PRODUCTION

The Saudi Coffee Company recently signed an investment agreement with the Royal Commission for Jubail and Yanbu to build a 30,000-square-metre coffee warehouse in Jazan City. Saudi Arabia’s current coffee production is 300 tonnes per year, a figure the country aims to increase to 2,500 tonnes by 2032, an increase of more than 700%. The

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WESTROCK COFFEE HELD CEREMONY FOR NEW RTD COFFEE ROASTING FACILITY

Westrock Coffee Company, based in Little Rock, Arkansas, announced that it held a ceremony in Conway, Arkansas, for its new state-of-the-art ready-to-drink (RTD) coffee roasting facility. When fully operational, the 524,000-square-foot production facility will be the largest ready-to-drink (RTD) coffee roasting facility of its kind, according to Westrock. Several key company figures attended the event

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RWANDA TO HOST 19TH AFRICA FINE COFFEES CONFERENCE & EXHIBITION

The joint organising committee of the African Fine Coffees Conference and Exhibition (AFCC&E), comprising the National Agricultural Export Development Board (NAEB) and the African Coffee Association (AFCA), has announced that Rwanda will host the 19th edition of the event. Rwanda will have the honour of hosting the African Fine Coffees Conference & Exhibition for the

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BRAZILIAN FARMERS DEFAULTING ON CONTRACTS FOR SECOND YEAR IN A ROW

The black frost experienced by Brazil in July 2021 has thrown the coffee industry into a period of uncertainty. Prices have risen significantly since then, leading some farmers to default on their future contracts and seek buyers willing to pay higher prices. In 2021, several major trading houses had trouble getting the coffee they had

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COLOMBIAN COFFEE PRODUCTION DOWN 12% IN OCTOBER

The Colombian Coffee Growers Federation recently reported a decline in coffee production and exports due to environmental problems. Colombia is the second-largest Arabica producer in the world and the largest producer of washed mild Arabica. Registered coffee production in Colombia fell 12% to 888,000 60kg bags of green coffee, compared to more than 1 million

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blue bottle instant espresso

IS BLUE BOTTLES ‘SPECIALITY’ INSTANT ESPRESSO A CAPITULATION TO NESTLÉ?

Blue Bottle Coffee, which is majority owned by Nestlé, has announced the launch of a speciality espresso, initially intended as a replacement for the company’s iced latte. This product is designed for use at home without the need for special equipment or preparation skills. Nestlé bought Blue Bottle Coffee five years ago for $425 million.

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