News
Japan Takes Tea Exporters on Road Show
Shizuoka Prefecture, famed for its tea, has been hosting the triennial World O-CHA (Tea) Festival since 2001. The two-part event features spring and autumn sessions, and this year's edition, the 8th, attracted more than 150,000 visitors. Read more
JNP Coffee Launches Private Auction of Burundi Beans
Burundi’s first-ever private auction of specialty coffee, titled Grand Cru Burundi, will debut on December 8. Read more
Natureworks Set to Launch Thai Bioplastics Factory in 2024
Packaging manufacturers in the Asia-Pacific region will gain a potential new source of raw materials in 2024 when NatureWorks begins operations at its new plant now under construction in Thailand. Read more
Kenya Invests in Production of Orthodox
The Kenya Tea Development Agency (KTDA) will expand orthodox production at 10 of its 12 factories, supported by $6 million in new government financing. Read more
Israeli Startup to Produce Zero-Plastic Packaging in U.S.
Melodea, a sustainable packaging startup based in Israel, plans to expand its market presence in North America and South America by producing in the United States via a toll manufacturing arrangement. Read more
Coffee Prices Log 8-Month Decline Through October
The price of coffee declined for the eighth consecutive month in October, as the global supply forecast trended up amid weaker economic conditions that dampened the demand outlook. Read more
Nepal's Tea Exports Rebound
The Covid-19 pandemic created a windfall for Nepal’s tea industry, as prices jumped 40% on Asian demand. Read more
Researchers Publish First Intake Recommendations for Bioactive Flavanols in Tea
Nutrition researchers would like for flavan-3-ols to be included in the official Dietary Guidelines for Americans published by the United States Department of Agriculture and Health Canada’s Food Guide. Read more
India Lifts Ban on Blending Imported Tea
The Tea Board of India in October reversed its year-long ban on blending imported Nepalese tea with Darjeeling. Read more
Kenya’s Coffee Exports Climbed in Second Quarter
Kenya’s coffee exports rose sharply in both value and volume terms during the second quarter of 2022. Read more
Nestlé Buys Seattle’s Best Coffee from Starbucks
On October 18, Starbucks (Nasdaq: SBUX) announced an agreement to sell the Seattle’s Best Coffee brand to food and beverage giant Nestlé (OTC: NSRGY). Read more
The Stubbornly Stagnant Price of Tea
Tea prices at the world’s tea auction houses, driven to recent highs during the pandemic, are now stagnant or in decline. Read more
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