Tea, Coffee & Cocoa
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Dubai eyes share of lucrative cacao trade, seeks to make emirate an international trade hub for the commodity
DUBAI – Dubai, a rapidly growing commodities market in the world, is seeking to have its foot in the lucrative cacao trade and has announced…
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20% of all Starbucks stores in Japan to be powered by renewable energy
JAPAN – Starbucks Japan has announced plans to transition all 350 free-standing company-operated stores to 100% renewable energy by the end of October 2021. The…
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India’s annual coffee production to increase by 5% as Honduras, Indonesia record declines
INDIA – India’s Coffee production for marketing year (M/Y) ) 2021/22 is forecast to increase by 5 percent to 5.41 million 60-kilogram bags as above…
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Ivory Coast, Ghana strengthens cocoa alliance to safeguard sector priorities
WEST AFRICA – Ivory Coast and Ghana, the two West African nations who together produce more than 60% of the world’s cocoa, have pledged to…
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Cargill acquires Leman Decoration to expand gourmet chocolate offerings
US – American multinational food company, Cargill has acquired Leman Decoration Group, a supplier of cake decorations to the bakery sector, to bolster its gourmet…