US Buyers Delaying Brazilian Coffee Imports
US green coffee buyers are postponing shipments from Brazil amid a 50% tariff dispute, potentially increasing exporters' financing costs by up to US$10 per bag. Key Takeaway: Shipment delays could raise costs for Brazilian coffee exporters.
Coffee Prices Surge Due to Tariffs and Frost Concerns
The C price hit US$3.29/lb on August 14, driven by US tariffs on Brazilian coffee and light frost in key growing areas, alongside reduced robusta exports from Brazil and Vietnam. Key Takeaway: Tariffs and weather issues are pushing coffee prices higher.
Functional Coffee Market Expands to US$4.48 Billion
The functional coffee sector has grown to US$4.48 billion, with ready-to-drink formats making up 69% of sales, fueled by additives like adaptogens and probiotics; North America leads, while Asia-Pacific grows fastest. Key Takeaway: Ready-to-drink options are dominating the booming functional coffee market.
Boycott Calls in India May Affect US Coffee Chains
Protests in India against US tariffs, including on coffee, are encouraging boycotts of American brands like Starbucks, though no immediate sales drops have been reported. Key Takeaway: Boycotts pose a risk to US coffee brands in India's growing specialty market.
Thermoplan Acquires Swiss Roaster Startup Mikafi
Coffee machine maker Thermoplan has bought countertop roaster brand Mikafi to offer full bean-to-cup services, with the roaster set to debut at HostMilano in October. Key Takeaway: The acquisition strengthens Thermoplan's integrated coffee solutions.
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