Remove Merchandise Remove Pricing Remove Seminar Remove Sourcing
article thumbnail

Entering China’s Emerging Coffee Market

Perfect Daily Grind

As they’re increasingly willing to pay higher prices for higher quality, many local roasters and coffee shops have started to take advantage of this. It’s a joint venture with the Louis Dreyfus Company , a merchant and processor of agricultural goods, and one of the world’s largest green bean merchandisers. US $7) or more”.

Marketing 138
article thumbnail

Coffee News Recap, 16 Sep: Brazilian coffee export revenue up by 61.4% in 2022, EU votes in favour of anti-deforestation law & other stories

Perfect Daily Grind

The increase in revenue is attributed to higher prices and more favourable exchange rates against the US dollar. The new regulations state that products sold in the EU – including coffee – cannot be sourced from supply chains which include deforestation. billion between January to August this year.

2022 139
article thumbnail

Coffee News Recap, 7 Oct: Severe weather forecast across several of Brazil’s coffee-growing regions, Nestlé commits US $1 billion to sustainable coffee production & other stories

Perfect Daily Grind

Nestlé is aiming to sustainably source 100% of its coffee by 2025. Colombia Land of Diversity 2022 auction achieves record average price of US $17.01/lb. From international bidding, the highest price received was US $78/lb for an El Roble estate lot. La Marzocco opens new hub in Singapore. Take a look.