For coffee shops, business usually cools down as the weather heats up. But as the latest craze, cold brew coffee, moves from a hipster infatuation to mainstream staple, that traditional seasonal pattern is changing fast.
The export of beans from Brazil to the Arab countries has surpassed $5.52 million for the first seven months of this year, increasing by 276 per cent over the same period last year, according to a report.
Egypt accounted for
Cargill expects world 2011/12 cocoa supplies will be adequate to meet demand, with the cushion of a sizable global surplus from the previous crop, the US agribusiness giant said on Tuesday.
"Weather has been pretty OK and pretty normal in
Cocoa exports from Indonesia, the world's No.3 producer, may fall as much as 12.5 percent this year due to wet weather hitting output.
Exports are set to drop further in 2012 on rising domestic consumption, the Indonesian Cocoa Association