Time is drawing close for Evertiq second-ever Expo in the German capital. This year Evertiq has paid close attention to the ongoing developments in the market and the world at large and organised a program that we feel reflects just that.
The global cost-of-living crunch has pushed coffee drinkers to get their fix from cheaper brews. But a shortage of robusta beans is making it increasingly difficult to find a budget-friendly cup.
The Philippines’ agriculture department has issued permits to import 5,775 tons of onions for delivery this month or just over a quarter of its planned purchase volume which may not be enough to boost domestic supply to tame high prices.
For a look at just how short the world has become on coffee supplies, consider this: Stockpiles in Brazil, the biggest producer globally, are headed for a record low. And Vietnam, the largest robusta supplier, has seen its stockpiles shrinking amid a poor harvest outlook.