Oceania
Ally Coffee to open an office in Australia & expand operations in Oceania & Asia
Ally Coffee to open a new office in Melbourne, Australia and expand sales and logistics operations to Oceania & Asia.
Nestlé and Starbucks to bring RTD coffee beverages to Southeast Asia, Oceania & Latin America
The two companies plan to offer popular Starbucks Ready-to-Drink coffee beverages to reach consumers across the regions.
Coffee prices rally in April 2021
The ICO reports that coffee prices improved in April 2021.
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.