Coffee: Sell Before the Price Drops FurtherMonday, June 18, 2012 Some producers and dealers are offering coffee left over from the last harvest, anticipating lower prices in the short term. A report by Volcafé report shows that farmers in Guatemala and Costa Rica are interested in selling the remaining stock from the 2011-2012 harvest, before prices, which have dropped 33% so far this year, continue to fall. Copa Announces New Flight to ChicagoTuesday, June 14, 2011 As of December 15, 2011, Copa Airlines will operate a new nonstop service between Chicago and Panama. Chicago will then become the sixth Copa Airlines destination in the United States. The airline announced the new service at a press conference held in New York to celebrate the fifth anniversary of its listing on the New York Stock Exchange and to announce its expansion plans. Eurodivisas to open offices in GuatemalaMonday, November 10, 2008 Financial company Global Exchange's Eurodivisas anticipates expansion into new markets such as Guatemala, Colombia, Chile or Brazil. Group President, Isidro Alanis, told us that in the short term the company expects to open offices at airports in Acapulco, Zihuatanejo and Monterrey, Mexico. The Hotel Investment OutlookMonday, August 17, 2009 The latest comments about the world outlook for the Hospitality Industry as presented by ALIS Summer Update As Jeff Higley (Editor-in Chief of Hotel and Motel Management Magazine) said in his “Twitter” page on June 2, the IREFAC (Industry Real Estate Financing Advisory Council) guys are the pulse of the industry. But, as he also noted, “…the IREFAC panel says the only way to get a phone call from your lender these days is to not make a payment. Nicaragua Selected to Host CATHIE in 2009Tuesday, August 26, 2008 It was announced that the Central America Tourism & Hotel Investment Exchange will be held March 24-26, 2009, in Managua, Nicaragua. Hosted by BHN, CATHIE focuses on the hotel and tourism investment opportunities in the rapidly growing Central America region. The Foreign Investment Advisory Service (FIAS) of The World Bank Group is supporting the event, and all seven Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) have been invited to become patrons of CATHIE. Last year’s inaugural event in Guatemala City, Guatemala, welcomed nearly 250 hotel and tourism industry leaders eager to network and learn about hotel investment opportunities in Central America. The Jute Coffee Sack Will Enjoy a Long LifeThursday, November 7, 2013 Specialty coffee buyers still prefer the traditional bags for the grain. "The jute sack (...) has been reaffirmed as the preference of buyers facing new global trade rules, in addition to the contracts on the Intercontinental Exchange (ICE)", reported Elperiodico.com.gt. Brazil Requests Coffee included in "C" ContractTuesday, August 24, 2010 This is Brazil's third attempt to get its coffee traded on the New York's "C" market; if accepted, the price of arabica beans could drop to as low as $30 per hundredweight. This is in the context of arabica futures currently trading at more than $180 per hundredweight, largely due to falling supplies. $ 42 Million for Construction of “Green” Hotels in CAWednesday, December 15, 2010 The IDB approved the funding mechanism to develop at the most eight Marriott hotels. The Inter-American Development Bank (IDB) approved U.S. $ 42 million in long-term loans to finance a maximum of eight Marriott hotels, to be developed by Caribe Hospitality SA in Costa Rica, Nicaragua, Guatemala, Panama, Jamaica, Trinidad and Tobago, and Mexico as long as they comply with environmental standards and sustainability requirements. The mystery of sugar futuresTuesday, June 10, 2008 What is happening to sugar futures? Sugar prices currently stand at 14.70 US cents/lb., yet the March 2011 contract is 55 percent than this July's. The same comparison – July 2008 to March 2011 – for coffee, shows an increase of 27 percent. Corn, oil and wheat show increases of 0.4 percent, 16 percent and 22 percent respectively. In other words, sugar prices are expected to rise faster than those of other commodities over the coming three years. Chinese Announce Investment in GuatemalaFriday, May 24, 2013 Tebian Electric Apparatus Stock has announced its intention to open an office in the country in order to market its products through its local partner Provelec SA According to Jian Jun Kang, the company's marketing manager, the intention is to invest in three stages. The first step is to sell their products ranging from high-voltage cables and transformers, to solar panels, the second is to participate in electricity generation, either hydro or solar projects, and the third is set up a manufacturing plant in the country for their products to be exported to the U.S. $300 plus per Quintal of CoffeeMonday, May 2, 2011 The price of a quintal of coffee reached the highest level in the last 30 years on the Intercontinental Exchange in NY. Coffee prices, since surpassing the $200 barrier on 20 October 2010, have continued to climb, trading on 28 April at $305 per quintal, said Gerardo de Leon, Manager of Marketing of the Federation of Coffee Cooperatives of Guatemala (Fedecocagua). Price of Coffee Continues to FallTuesday, June 5, 2012 In April 2011 a quintal was quoted on the Intercontinantal Exchange at $300. A month ago it was $182, and now the price per quintal is $157. The steady fall in coffee prices is causing concern amongs Central American coffee growers. By last Friday, the contract for delivery was $ 157 per quintal, $3 less than the previous day. Coffee Packed in SupersacksFriday, October 11, 2013 The international market is increasingly accepting coffee shipments in one ton containers. An article in Laprensa.hn reports that "IntercontinentalExchange, home of the most traded coffee contract, announced last week that it would allow grain shipments to its certified deposits in lined cargo containers or 'supersacks'." Guatemala Tenders Software LicensesMonday, June 24, 2013 The Land Registry Office in Guatemala wishes to purchase software licenses. Acronis Backup & Recovery Falling Coffee Prices Worry GrowersThursday, February 16, 2012 Grain prices fell by $20 on the Intercontinental Exchange (ICE) in New York, which will affect producer’s plans and their profit margins. Last Friday (10th February) the grain traded at $220.60 per quintal, while on Wednesday (15th February), the price per quintal was $200.40. |
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