COFFEE PRICES DECLINE AS ICO HIGHLIGHTS COVID-19 RISK
The International Coffee Organization said Covid-19 presents considerable downside risks to the coffee price.
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TIM HORTONS GROWS MORE POPULAR IN CHINA
Globally, most coffee is consumed in Western countries, but Asian countries are quickly gaining ground as several coffee chains battle for dominance and attention in these growing markets. While Starbucks is still the leader in China, Tim Hortons is also rapidly opening its shops. The Canada-based company, called Tims China in the Chinese market, has
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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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WORLD COFFEE RESEARCH LAUNCHES GLOBAL COFFEE BREEDING NETWORK
World Coffee Research launches Innovea Global Coffee Breeding Network to accelerate climate resilience and secure long-term coffee supplies Jaco, Costa Rica, November 10, 2022 — Today, World Coffee Research announced the formation of Innovea, a global coffee breeding network. Innovea brings together collaborating countries to transform global coffee breeding and accelerate the pace of coffee
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UKVFTA BOOSTS VIETNAMESE COFFEE EXPORTS TO THE UK
Vietnam’s coffee exports to the United Kingdom are rapidly increasing and are expected to continue growing as a result of rising consumer demand in the United Kingdom and the United Kingdom-Vietnam Free Trade Agreement (UKVFTA), according to a report by Vietnam Economy News. Statistics from the General Department of Customs show that Vietnam’s coffee exports
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STARBUCKS Q3 RESULTS BEAT ESTIMATES, BUT IT’S NOT THE CAPUCCINOS!
Analysis Starbucks is performing well in key markets, with the exception of China, where the world’s largest coffee chain is having to rethink its strategy due to poor results. But as anyone who follows TikTok’s army of Starbucks influencers can attest, it’s not the cappuccinos or the flat whites that attract customers; it’s the cold
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MONDELĒZ PLANS ON STEADY COURSE TO MAINTAIN PROFITS
Mondelēz may not be much loved within the craft chocolate market, but they are popular with investors. We couldn’t find any stock analyst that had a SELL position for the company. Most had BUY positions with a couple of HOLD. Despite a dubious ESG record, the company knows how to keep investors happy. As with
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PRET A MANGER MOVES FOCUS TO REGIONAL CITIES
For the first time since the pandemic began, Pret A Manger has returned a profit after shifting its focus from city centre stores to out-of-town outlets. The sandwich retail chain said recently that it began to turn a profit in March of this year. Sales for the first half of the year more than doubled
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BARRY CALLEBAUT, PROVA READY FOR COCOA INITIATIVE’S NEXT PHASE IN MADAGASCAR
Swiss chocolate producer Barry Callebaut and vanilla supplier Prova, supported by the Sustainable Trade Initiative (IDH), begin the second phase of their joint project to support vanilla farmers in Madagascar. The two companies will conduct training to boost productivity and improve the quality of Cocoa and vanilla while also funding the local communities through social,
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COCOA ASSOCIATION OF ASIA INTERNATIONAL COCOA CONFERENCE AND DINNER 2022
21st June 2022 – the Cocoa Association of Asia (CAA) International Cocoa Conference & Dinner is now in full planning mode after it announced the new dates back in April with a new theme. The biennial conference will be held on 1st & 2nd September 2022 at the Raffles City Convention Centre (RCCC) in Singapore
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