hEDGEpoint report highlights trends and contrasts in coffee markets in Asia

Last week, coffee stock numbers for Japan were released and hEDGEpoint Global Markets analyzed indicators for the two main coffee destinations in Asia: Japan and South Korea. In the latest report on the Asian market, the consultancy highlighted that stocks were slowly recovering after a significant reduction driven by lower imports. The trend continued until August, reaching 2.5 million bags (+2.3% compared to the previous month, against +0.3% expected for August) - but still well below the usual levels of stocks expected for the country ( On average for the period, Japan operates with 23-24 weeks of inventories, and the current metric is at 19-20 weeks). When analyzing imports to obtain the apparent consumption indicator, the difference in the accumulated numbers compared to the last cycle shortened: from October to June, imports were 23% lower compared to the previous year and 19% below estimates for the period . For the period from October to July, imports are 19% below 21/22 ...