Europe Trend Week 01


On the one hand, the overall supply has remained moderate. The Ecuadorian supply is still 7% above average because of its trade-off continuing to favour Europe. However, because of the falling production temperatures, volumes from Costa Rica are maintaining their downward trend. In addition, the Africa/French West Indies supply is still moderate. A considerable African shortfall remains (17% below average), despite a slight increase in volumes from Cameroon.
On the other hand, demand in both Western and Eastern Europe is maintaining the vitality picked up over previous weeks, with some promotions in place on certain markets. Hence the overall supply is sufficient, helping prices hold up in Western Europe, and continue to strengthen in Eastern Europe.
Finally in Russia, low temperatures are causing logistical disruptions, which are affecting the market supply.