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Jun, 2021 Quản Trị

Market Briefing: Spices and Exotics – 06 June 2021

– 0% increase in Peruvian ginger crop. – CBD processor acquires grower to lead the South African market. – 80% growth in Guatemalan cardamom exports. Production The Peruvian ginger crop may rise by 30% year-on-year to 80,000 tonnes thanks to acreage expansion, after prices started to soar between November 2020-February 2021, due to a supply…

Jun, 2021 Quản Trị

Market Briefing: Sugar – 06 June 2021

– India produced 208,000 tonnes of sugar in the second half of May – Brazil exported 2,697,844 tonnes of sugar in May – Ukraine proposes duty-free sugar import quota of 120,000 tonnes until October Production India’s sugar mills produced 208,000 tonnes of sugar, white value, in the second half of May, down from 445,000 in…

Jun, 2021 Quản Trị

Market Briefing: Coffee – 06 June 2021

– Hawaii’s coffee production dropped 15% to 22.7 million pounds in 2021 – Peru’s coffee exports fall to 5-year low in 2020/21 to 3.6 million bags – Arabica coffee futures retreat 4½-year highs Production Hawaii’s coffee production dropped 15% to 22.7 million pounds, or 171,723 60-kg bags, in the 2020/21 season, from 26.8 million pounds…

Jun, 2021 Quản Trị

Market Briefing: Dried Fruit and Nuts -06 June 2021

– World almond production projected to be slightly higher than last crop year. – Turkish dried apricot production forecast to gain by 22% in 2021-22. – South African raisin exports 8% ahead in January-April 2021. Production This month’s online conference of the International Nut and Dried Fruit Council has ensured that the industry is now…

Jun, 2021 Quản Trị

Market Briefing: Cocoa – 03 June 2021

Global cocoa surplus of 178,000 tonnes estimated for 2020/21 Ivorian cocoa production projected at 2.2 million tonnes this season Global 2021 cocoa grind expected to rise by 1.2% to 4.7 million tonnes Cocoa futures down 8.2% since the start of 2021, losing USD214/tonne Production The 2020/21 cocoa season is now estimated to see a global…

Jun, 2021 Quản Trị

Market Briefing: Dried Fruit and Nuts -03 June 2021

– 9% increase in global macadamia crop. – 10% increase in global almond consumption expected due to low prices and rising demand in China and India for healthy products. – US walnuts ready for bull market when the latest crop is almost sold out. Production The 2021-22 global macadamia production is likely to increase by…

Jun, 2021 Quản Trị

Market Briefing: Sugar – 03 June 2021

 Global sugar production in 2020/21 estimated at 186.9 million tonnes  Brazil’s sugar production likely to drop 5.7% to 38.9 million tonnes in 2021/22  China’s sugar imports in April 2021 reached 180,000 tonnes Production Global sugar production in 2020/21 is estimated at 186.9 million tonnes, up from 179.7 million in 2019/20. This means that IHS Markit’s…

Jun, 2021 Quản Trị

Market Briefing: Coffee – 03 June 2021

Brazil is estimated to produce 48.8 million 60-kg bags of coffee in the upcoming 2021/22 Colombian coffee exports blocked by protests, up to about 500,000 bags delayed Vietnam’s coffee exports in April down 22.1% from March at 132,111 tonnes Production Brazil is estimated to produce 48.8 million 60-kg bags of coffee in the upcoming 2021/22…

Jun, 2021 Quản Trị

Market Briefing: Spices and Exotics -03 June 2021

Cloves crops falling short of hopes.    Honey draws strong demand. Production Zanzibar and Comoros will have disappointing cloves crops of 4,500 tonnes and 3,500 tonnes respectively, due to unfavourable weather, with harvests starting between June-July. Cyclone Taukta has severely damaged Indian clove plantations, pushing up farmgate prices to a record INR103,000/tonne (USD1,414/tonne) last week….