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Coffee business may leave Olam with bitter taste in 1H 2019

Some factors: supply glut keeping prices of beans low, political risks in largest producer Brazil and bad weather

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CEO Sunny Verghese says: "We expect margins in the coffee business to be under pressure... given the continued headwinds."

Singapore

AGRI and food giant Olam International whose business is exposed to the vagaries of weather patterns and cyclical crops expects the coffee business that was part culprit for its just-released weak 2018 earnings to remain under stress in the first half of the year.

"We

sentifi.com

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