Brazilian Trading Firm Timbro Expands Into Coffee – CoffeeTalk

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Brazilian trading company Timbro has expanded its portfolio by adding coffee to its portfolio, as it sees room for expansion in the sector after traditional traders lost ground due to volatility and record prices over the past year. Timbro, one of Brazil’s key sugar exporters, also trades other products ranging from iron ore to cotton and handles imports of aircraft, cars, heavy equipment, and various goods for Amazon. Timbro’s partner Caio Melles believes the company entered the coffee market at the right time, as it has been lacking companies capable of tracking production, pricing, and ensuring delivery.

The 2025 crop year will be Timbro’s first full physical operation, something the company had not previously disclosed. Timbro’s partners initially handled imports and initially handled financial operations with cooperatives and large coffee producers. In the first year, coffee volumes are expected to remain relatively small, with the company aiming to trade around 80,000 60-kg bags.

In the sugar sector, Timbro’s traded volumes are expected to stabilize after jumping to 2 million tonnes in 2024 from 300,000 tonnes in 2018. The company marks a milestone with the start of commercial operations in the United States this year. Additionally, Timbro is expanding further in Asia to “operate on Chinese time,” given China’s importance as an importer of Brazilian commodities.

Read More @ Reuters

Source: Coffee Talk

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