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    November 11th, 2017adminBusiness & Economy, Coffee News
    With most of the coffee stock exhausted, exporters are waiting for the new crop.

    With most of the coffee stock exhausted, exporters are waiting for the new crop.

    Kochi :

    Coffee exporters are not enthused with the early arrival of coffee beans this time, as global prices of the commodity are on a downswing following reports of a good crop in Brazil, its largest producer.

    With most of the coffee stock exhausted, exporters are waiting for the new crop. But in a low-price situation, they fear they may not be able to take advantage of an early crop, particularly that of Arabica.

    “As the prices are dropping, exporters are not selling, though buyers may be interested. We hope that prices will improve after a few months,” said MP Devaiah, business head of coffee at Allanasons, a major coffee exporter.

    The price of coffee in the international market has been declining since August. Arabica futures prices at ICE New York stood at $1.22 per pound on November 1, down by 15-20% from earlier this year. Robusta prices, too, are showing a declining trend.

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    The picking of arabica beans, which normally start by the end of November, has already begun in the coffee producing states. “This time, it may be completed by the end of November, instead of in December,’’ said MM Chengappa, former chairman of Karnataka Planters’ Association. Harvest of robusta is expected to begin a month earlier, in December.

    Coffee growers fear that the heavy rains last month have led to a fall of berries on a large scale.

    Although the post blossom estimate of the Coffee Board projects an output of 3,50,400 tonnes for 2017-18, growers feel output will be less by a large margin. According to them, delayed monsoon will affect the robusta production.

    “Total output will be about 3.12 lakh tonnes, similar to last year. Robusta will be around 2.10 lakh tonnes, against 2.47 lakh tonnes projected by the Board,’’ Chengappa said.

    source: http://www.economictimes.indiatimes.com / The Economic Times / ET Home> Markets> Commodities> News / ET Bureau / November 03rd, 2017

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    The high GST rate, besides bringing down instant coffee consumption, would also have a significant impact on the coffee farmers of South India

    New Delhi / Bengaluru :

    The coffee industry has sought a review of the GST rates on instant coffee and the curing process, while stating that such high rates would hurt consumption and, eventually, growers’ realisations.

    Coffee growers are under pressure as the volatile trend in global prices, which directly influence local prices, has already kept their realisations in check.

    The GST on instant coffee has been fixed at 28 per cent, while the curing or dry processing of the beans attracts a levy of 18 per cent.

    Parity sought with tea

    Making a case for reduction in GST on instant coffee, The India Coffee Trust, represented by various stakeholders from the sector, has appealed to the Prime Minister’s Office to bring it down to 18 per cent, on par with the instant tea.

    Anil Kumar Bhandari, President, ICT, in a letter to the PMO, said the high GST rate, besides bringing down instant coffee consumption in the country, would also have a significant impact on the coffee farmers of Karnataka and South India, since instant coffee manufactures will source less raw coffee from them.

    According to the ICT, of the 3.46 lakh tonnes of raw coffee produced in the country, about 2.78 lakh tonnes is exported, while the rest is consumed domestically.

    Of the 0.78 lakh tonnes consumed domestically, about 50,000 tonnes is used in the form of roast and ground, while the remaining 28,000 is consumed as instant coffee.

    South India accounts for the bulk of the coffee consumption, though off-take has picked up in the northern States in recent years.

    The Trust said instant coffee is largely consumed by poor consumers and the cost per cup is lower when compared to the roast and ground.

    It also said that higher tax would impede the development of the coffee habit in North and East India.

    Seeking a cure

    Meanwhile, the All India Coffee Curers Association has demanded the withdrawal of 18 per cent GST levied on coffee curing.

    Curing involves dry processing and grading of green coffee beans.

    As curing is an investment-intensive process, the majority of coffee growers normally outsource the dry processing of the green beans to curing works, where they are processed, graded and sorted.

    “Any levy on curing would eventually hit farm-gate prices, thereby reducing growers’ realisations. The government should withdraw the levy,” said AN Devaraj, President of the All India Coffee Curers Association.

    Farm-gate price worries

    Coffee growers are concerned about how the impact of the GST levy on curing will influence farm-gate prices, even as the early harvesting of the arabica variety has begun in parts of Kodagu and Chikmagalur, the main growing regions.

    “The GST on curing may impact farm-gate prices. With the season yet to start in full swing, it is too early to quantify the impact,” said HT Pramod, Chairman of the Karnataka Planters’ Association.

    Arabica prices are hovering between ₹7,000 and ₹7,200 per 50-kg bag for the parchment, while arabica cherry prices are in the ₹3,700-4,000 per bag range, lower than last year.

    “We are waiting for clarity on this issue. No sale of coffee from the new crop has taken place as growers are not in a hurry to sell as prices are low,” said N Bose Mandanna, a grower in Kodagu.

    source: http://www.thehindubusinessline.com / Business Line / Home> Economy> AgriBusiness / by KR Srivats & Vishwanath Kulkarni / October 30th, 2017

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    October 30th, 2017adminBusiness & Economy, Science & Technology

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    Mysuru :

    Karnataka Urinary Tract Surgeons’ Association and Mysuru Urinary Tract Surgeons’ Association is jointly organising the 22nd conference of Urinary Tract Surgeons at Virajpet from November 3 to 5, said Dr Prakash K Prabhu, organising president of the conference, at a press meet held at Mysuru Press Club here on Monday.

    “Titular king Yaduveer Krishnadatta Chamaraja Wadiyar will inaugurate the 3-day long conference at Club Mahindra Resort on November 3 at 5:30 pm. Srikantha Siddalinga Raje Urs of Manteswamy Mutt will release a souvenir on the occasion. Robotic expert from Gujarat Dr Pranjal Modi will be the chief guest and will deliver a special lecture,” he added.

    Dr Madappa, Dr H S Prakash, Dr H M Prasad and others were present.

    -(MR/KMR)
    source: http://www.citytoday.new / City Today / Home> Headlines> Mysore / CT Bureau / October 30th, 2017

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    October 27th, 2017adminBusiness & Economy, World Opinion
    Nepal to participate at the upcoming World Tea and Coffee Expo 2017 in Mumbai

    Nepal to participate at the upcoming World Tea and Coffee Expo 2017 in Mumbai

    New Delhi (KNN) :

    The Nepal National Tea & Coffee Development Board is looking forward to participate at the Mumbai World Tea Coffee Expo (WTCE) 2017 with the board locking up an exclusive pavilion at the 5th edition of the export scheduled for November this year.

    The organizing committee in a press statement informed about the latest development.

    The Nepalese Tea comprising of CTC tea (black tea) and Orthodox tea (green tea) – is among the most popular commodities in the world due to its aroma and health benefits.

    Also Nepal exports more than 15,000 metric tons of tea every year to different parts of the world including India. India is the major export destination for tea from Nepal followed by Germany and Czech Republic, the release informed.

    The World Tea Coffee Expo in Mumbai attracts buyers from across the country and also from different parts of the world. It also receives significant footfall from allied industries including packaging, vending solutions, equipment, machineries, flavors, retail chains, government boards, consultants and other technologies

    The Expo edition for this year is scheduled from 16th till 18th of November. The previous edition of the Expo hosted around 67 companies. (KNN/ DA)

    source: http://wwww.knnindia.co.in / KNN, Knowledge & News Network / Home> Global / October 24th, 2017

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    October 23rd, 2017adminBusiness & Economy, Coffee News, World Opinion
    PTI file photo for representation.

    PTI file photo for representation.

    The Coffee Board of India, under the administrative control of the Ministry of Commerce, Government of India, has to contribute to the coffee economy, which is in crisis with three years of near-drought, untimely rains and poor crop yields in Karnataka.

    Coffee plantations also have pepper vines inter-planted among them to supplement income, which makes the crash in pepper prices since February this year, worsen the financial hardship of coffee planters.

    Moreover, flaws in crop insurance and revenue protection insurance schemes have not really benefited 90% of the coffee-growers, who own plantations of 25 acres or below. The Rainfall Insurance scheme has been discontinued due to lack of adequate modalities in place. Moreover, the newly introduced Revenue Protection Insurance scheme which was initiated as a pilot project in Chikkamagaluru has not evinced much interest among the insurance companies. Therefore, the coffee plantation sector, which employs an estimated 11,00,000 skilled workers, finds that their livelihoods are at stake across the coffee districts of Kodagu, Hassan and Chikkamagaluru.

    While coffee growers are confronted with high input costs in terms of labour wages and fertiliser prices, they have to endure low prices for coffee and pepper, which makes it financially unviable to manage plantations. If coffee plantations begin to suffer losses, then the coffee economy will become unsustainable and small growers will find it more remunerative to sell their plantations or convert them into holiday or health resorts — a development which has already taken shape over the last five to seven years. That will surely herald the beginning of the end of the coffee plantation sector and its related industries. Therefore, the Coffee Board needs to transform to a market support role in addition to its R&D functions.

    Till the mid 1990s, the Coffee Board functioned in a regulatory role. However, the Coffee Board now needs to adapt to a free market economy since the 1991 economic liberalisation and transition to that of a facilitator. It would need to support the coffee economy through the organisation of trade fairs and help small growers and international buyers to comply with the various statutory requirements towards coffee trade and export.

    The Women’s Coffee Alliance India, Bangalore, successfully conducts a vibrant Coffee Santhe or Coffee Fair in Bengaluru annually, and involves all the stakeholders of the economy. For instance, much like the Ministry of Defence organises Aero India at Bengaluru to connect foreign aeronautics majors with the domestic industry; the Ministry of Commerce can also conduct a coffee trade fair under the aegis of the Coffee Board.

    The small coffee grower is unable to attend international coffee trade fairs overseas due to cost constraints of airline travel. Therefore, the Coffee Board should hold international trade fairs in Kodagu and Chikkamagaluru for buyers and sellers as a platform to interact with each other. The Coffee Board has large tracts of land with established infrastructure and research stations at Balehonnur, Chikkamagaluru and Chettalli in Kodagu, which can be utilised as centres for international coffee trade fairs and as integrated coffee parks.

    Moreover, the boom in coffee tourism over the last decade has developed the hospitality and travel industry resources in these plantation districts to be able to hold the proposed trade fairs. Besides, the two international airports in the proximity are at Mattanur, Cannanore district in Kerala, which is a 90-minute drive from Kodagu and at Mangaluru, which is a two-hour drive away from Chikkamagaluru. As airline connectivity to these two coffee plantation districts, which are also internationally acclaimed biodiversity hotspots exists, these districts are ideal locations to organise trade fairs.

    It will make the grower aware of the requirements of the discerning international consumer. The buyer will see for himself the journey of the Indian coffee bean from the plant to the cup. It will incentivise the grower to produce the kind of coffee that the buyer desires. Only a grower knows the trials and tribulations of coffee cultivation and only he can market his coffee with passion and obtain the best price possible for his crop.

    Considering that 70% of the coffee grown in the country is exported, the small grower should market his coffee overseas. An important point to note is that Indian coffee is grown under shade, which uses ecologically sustainable methods and adoption of fair trade practices in the eco-sensitive zone of the Western Ghats, which can command premium prices in the international markets. To make Indian coffee competitive in the world market, the Coffee Board must publish a list of internationally-banned pesticides, which will also make the environment safe for plantation workers.

    The outcome of such international trade fairs would lead to a demand for ‘Single Origin Estate Specific and Area Specific’ coffees, which will start to gain importance. Today, these fairs held at foreign locations are not inclusive of all stakeholders and have become the exclusive domain of a few elite coffee growers and traders. The Coffee Board should aim to democratise the sale of coffee and enable the small grower to export coffee to international markets rather than allow a select few to prosper at his expense.

    (The writer is Chairman of Karnataka Planters Association, Chikkamagaluru)

    source: http://www.deccanherald.com / Deccan Herald / Home> Supplements> Economy & Business / by Maneypanda Madaiah Chengappa / October 22nd, 2017

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    Manama :

    Bahrain-based Délicieux company has signed up as a key sponsor for the second edition of the Bahrain International Chocolate and Coffee Exhibition which kicks off on December 7.

    The three-day event is being held under the patronage of Bahrain Tourism and Exhibitions Authority CEO Shaikh Khalid bin Humood Al Khalifa at Bahrain International Exhibition and Convention Centre.

    The sponsorship marks Délicieux’s debut appearance at the Bahrain International Chocolate and Coffee Exhibition, following the success of event’s first edition in attracting visitors as well as active companies in the field.

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    Délicieux Company CEO Shaikha Noora bint Ali Al Khalifa said: “It expands on the company’s market presence in the promising Bahraini chocolate and coffee market, whilst offering an opportune networking platform with visiting suppliers and buyers from other countries, and simultaneously providing marketing catalyst to our Bahrain-based clientele.”

    Sheikha Noora said the second edition was likely to attract high footfall with an anticipated spike in demand for chocolates and coffee on display, in preparation for National Day celebrations.

    “Our presence at such expos will help us further in networking with companies in the same field, enabling quality enhancement and product development to meet the dynamic needs of consumers,” she noted.

    As a result of the knowledge exchange, Bahrainis have become familiar with the varieties of coffee, recognizing the differences of premium and commercial coffee, she added.

    Shaikha Noora said Délicieux was a first-of-its-kind company in Bahrain to specialise in premium coffee, offering Ethiopian, Colombian and Rwandan brew.

    Amid growing demand for specialty coffee in GCC, Délicieux will soon be introducing its Yemeni and Saudi Arabian coffee starting from next month. The company already offers more than 15 distinct Belgian chocolate flavours, she added.

    -TradeArabia News Service
    source: http://www.tradearabia.com / Trade Arabia / Home / Manama – October 15th, 2017

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    October 15th, 2017adminBusiness & Economy, Coffee News

    Zaccareo said the company inaugurated Coffee Training Centre last year which was the first largest centre outside Italy.

    Italian coffee brand Lavazza today announced the launch of its first made-in-India premium filter coffee “II Mattino Vivace”, produced at its manufacturing facility near here, a top company official said today.

    The facility at Sri City in Tada began its commercial operations a few weeks ago, Fresh and Honest Cafe Ltd Managing Director Silvio Zaccareo said.

    Fresh and Honest Cafe Ltd is a 100 percent subsidiary of Lavazza.

    “The factory began commercial operations a few weeks ago. We are launching the Made in India product today..” he told reporters after unveiling II Mattino Vivace.

    Zaccareo declined to reveal the size of investment made at the factory or the number of employees working in it.

    II Mattino Vivace meaning ‘lively morning’ is made from blends of Arabica and Robusta coffees roasted for the “at home” segment.

    The beans were sourced from plantations in Coorg and Chikmagalur in Karnataka. A 200 gm packet is priced at Rs 150, he said.

    “Lavazza is known the world over for its expertise in art of blending for over four generations. II Mattino Vivace is a result of combining that expertise and our understanding of the unique consumer preferences in Indian market”, he said.

    The domestic coffee market was around 70,000 tonne in which 80 percent comprises “at home” (residential) segment.

    To a query, he said the coffee powder would be available in retail outlets across the country. “We are planning to complete first stage distribution by end of this month”.

    Zaccareo said the company inaugurated Coffee Training Centre last year which was the first largest centre outside Italy.

    The centre trains professionals, carries out research and explores new forms of taste. “We have trained more than 1,000 people,” he said.

    source: http://www.moneycontrol.com / MoneyControl / Home> News> Business / by PTI / October 13th, 2017

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    October 15th, 2017adminBusiness & Economy

    Bengaluru :

    The state government is expected to launch the work on building three roads to create alternative access from Bengaluru to Kodagu and Hassan districts, by Republic Day. The new routes –that involve widening and upgrading of the existing roads –are aimed at easing the pressure off Mysuru and Tumakuru roads in the city.

    Karnataka State Highways Improvement Project (KSHIP) is developing the roads under the PPP model on hybrid annuity basis using ADB loans. The three roads are estimated to cost Rs 1,484 crore. The organisation, which is evaluating the price bids, is expected to award the projects soon.

    The road construction will take about two years from the zero date. The projects entail 75% construction grant and nine years of concession period which includes two years of construction and seven years of operation and maintenance.

    The project packages involve building a four-lane toll road from NICE junction to Magadi on a 36.5 km stretch. The KSHIP will also upgrade the existing two-lane highways from Magadi to NH-75 junction (15 km) near Kunigal and, from Magadi to Somwarpet (166 km) with paved shoulders, truck lay-by, bus lay-by and rest areas. The KSHIP has identified the accident-prone areas, and will correct the geometry of these roads to prevent accidents.

    Public works minister HC Mahadevappa said the PPP hybrid annuity model has turned out to be huge success in Karnataka inviting praise from the World Bank. “We are committed to develop another 400-km over the next three years, which includes two-lanes from Kollegal to Hanur,” he said.

    The new roads via Magadi will benefit even those visiting Kasargod district in Kerala. The government also hopes the upgraded roads will bring about prosperity in villages along the highways, and create jobs for the youth.

    KSHIP chief project officer P Manivannan said his organisation has constructed more than 700-km of state highways in the last four years. “Indeed, four years back, we were developing 8 km a month, and now 33 km a month.Now, Karnataka tops the country in highway development,” he said.

    The government will take a call later whether it will permit collection of a toll from users, or bear it out of its funds. The engineering design of these roads, KSHIP officials said, conforms to the latest Indian Road Congress codes and, the best industry practices.The roads improvement projects are based on traffic forecasts and review of existing road network, safety of users and future economic development.

    source: http://www.economictimes.indiatimes.com / The Economic Times / ET Home> News> Economy> Infrastructure / by ET Bureau / October 13th, 2017

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    After raking in appreciation for her song Jag Ghoomeya in Sultan , Neha Bhasin returns with a Punjabi folk single called Belihaziya .

    Neha wanted a single that’s completely different from her previous singles and made it edgy and modern. The video was shot in Coorg and has a burst of colours to depict the altered state of mind of the one with a broken heart.

    The song marks a collaboration of Neha, composer Sameer Uddin and London Thumakda lyricist Anvita Dutt.

    Says Neha, “ Belihaziya is a dance ballad with meaningful lyrics. The video is dream come true. It’s an electro-pop dance ballad. The underwater shots were tricky as it was raining heavily in Coorg and the water was blurry. But I am always up for a challenge. I’m really happy with how it’s turned it out.”

    source: http://www.thehindu.com / The Hindu / Home> National> New Delhi / October 14th, 2017

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    The best coffee growers of the country were awarded at the India Coffee Awards ceremony organised by the Coffee Board of India on Wednesday.

    The awards were divided into national and regional categories.

    The best coffee growers for Arabica and Robusta types of coffee and their specialities were awarded the ‘Flavour of India Fine Cup Award for the years 2016 and 2017. The award ceremony also witnessed the recognition of small coffee growers for the first time.

    The winners were selected by a national and international jury of expert cuppers or coffee tasters as part of the ‘Favour of India Fine Cup Award – Cupping Competition’.

    “We faced difficulties with regard to lack of water availability but we did our best to maintain our quality by using dedicated good practices that helped us achieve a good quality yield,” said Gowri Pandyanathan, a coffee grower from Yercaud and owner of Gowri Estate who won the national award for the best robusta coffee.

    “The coffee growers are facing a tough time with lack of water, change in policies and non-assured income. In spite of this, they are doing their best to continue the practice. The coffee awards are an effort to recognise the same,” said Dr M M Chengappa, chairman of Karnataka Planters Association.

    source: http://www.deccanherald.com / Deccan Herald / Home> State / DH News Service / Bengaluru – October 05th, 2017

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