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coffee exports

Coffee maker Lavazza sees full sales rebound in 2021, eyes M&A

Coffee maker Lavazza sees full sales rebound in 2021, eyes M&A

  • Last year the family-owned company recorded sales worth 2.085 billion euros as its retail business only partly compensated for a drop in out-of-home coffee consumption.
  • Earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at 253 million euros in 2020, down 13% on 2019.
Published 01 Apr, 2021 06:21pm
Raw sugar futures rise, coffee also climbs
Markets

Raw sugar futures rise, coffee also climbs

  • May raw sugar rose by 0.08 cents, or 0.5%, to 15.17 cents per lb.
  • May arabica coffee rose by 2.05 cents, or 1.6%, to $1.2865 per lb. The contract dipped to a low of $1.2520 on Thursday, its weakest since Feb. 17.
Published 26 Mar, 2021 05:45pm
Uganda coffee
Markets

Uganda coffee

KAMPALA: Uganda’s coffee exports surged 16% in February from the same month last year, helped by yields from newly...
Published 25 Mar, 2021 05:08am
Raw sugar prices edge up, cocoa and coffee weaken
Markets

Raw sugar prices edge up, cocoa and coffee weaken

  • May raw sugar rose by 0.03 cents, or 0.2%, to 15.79 cents per lb.
  • May London cocoa fell by 13 pounds, or 0.75%, to 1,723 pounds a tonne.
  • May arabica coffee fell by 0.65 cents, or 0.5%, to $1.2835 per lb.
Updated 22 Mar, 2021 06:30pm
Arabica coffee prices weaken
Markets

Arabica coffee prices weaken

LONDON: Arabica coffee futures on ICE fell on Wednesday, weighed partly by a further weakening in the currency of ...
Published 18 Mar, 2021 03:56am
Arabica coffee prices weaken, sugar also down
Markets

Arabica coffee prices weaken, sugar also down

*May arabica coffee fell by 0.75 cents, or 0.6%, to $1.3375 per lb. * May raw sugar fell by 0.25 cents, or 1.5%, to 16.05 cents per lb. * May London cocoa fell by 3 pounds, or 0.2%, to 1,734 pounds a tonne.
Published 17 Mar, 2021 08:35pm
Arabica prices seen rising by end-2021 as deficit looms
Markets

Arabica prices seen rising by end-2021 as deficit looms

  • Arabica prices will end 2021 at $1.35 per pound, up 7.7% from Monday's close (Feb.1) and 5.3% above levels seen at the end of 2020, based on the median forecast of survey participants.
  • Top producer Brazil enters an off-year in its biennial crop cycle in the upcoming 2021/22 season.
Published 02 Feb, 2021 05:19pm