Arabica Coffee Touches One-Month High Amid Low Stocks, Strong Brazil Currency
Arabica coffee futures hit a one-month high on tight ICE stocks and a stronger Brazilian real, while sugar and cocoa prices fell.
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Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Sunny September boosts food and drink spend, but fuel inflation fuels growth
Card spending grew 2.0 per cent in September, according to Barclays' latest Consumer Spend report. This was slightly lower than August’s 2.1% growth, and below the latest CPIH…
Snacks pricing, “urgency” on drinks – takeaways from PepsiCo’s Q3 results
PepsiCo CEO Ramon Laguarta insisted the company would look “aggressively” at the costs associated with its drinks business in North America. The post Snacks pricing, “urgency” on…
Coffee Prices Rally In Central America Amid El Niño-Linked Drought
Premiums for Central American arabica coffee have risen to their highest in around three years amid an El Niño-linked drought.
PepsiCo To Increase Prices Of Some Chip And Soda Brands
PepsiCo is set to raise prices for some chips, a spokesperson said, as the Lay's maker works to revive sales in the United States.
Vietnam Coffee Prices Tepid Post-Holiday, Higher Premiums In Indonesia
Robusta coffee prices in Vietnam fell further this week on tepid trade and soft demand after the country's long national holiday.
Convenience, customization keeps coffee market stable
Despite inflation and a shift in consumer preferences, experts note that the U.S. coffee and RTD coffee market remain stable.
Nearly 60 members of Congress call for aluminum pricing investigation
At issue is the Midwest Premium, a pricing structure that has led to increased costs for cans used by the U.S. beverage industry.
New bill prevents price hikes for Michigan spirits
Michigan has signed a bill that caps the liquor board’s delivery fees, a move that will have a “long-lasting impact” on the spirits sector The post New bill prevents price hikes…
The World Cup has Coca-Cola fizzing
Strong sales growth during the recent World Cup and rising demand for sugar-free beverages have helped Coca-Cola post an outstanding quarter, despite rising gas prices in the U.S.
Spanish Supermarkets Absorb €90m In Energy Costs - ASEDAS
Despite food and non-alcoholic beverage inflation dropping to 1.9% in June, Spanish supermarkets face significant uncertainty.
Once again, Moutai bumps up price of signature spirit
For the second time this year, China’s largest liquor maker, Kweichow Moutai, has hiked the price of its flagship product in a bid to bolster margins amid a broader baijiu slump…