Our new Transparency Report
Warawul’s transparency report provides a detailed look into our green coffee sourcing, showing in real time how we purchase coffee, the prices we pay, and how these relate to the global coffee market.
Warawul is now in its third year. From the very beginning, we committed ourselves to being transparent about how we source green coffee.
To do this, we maintained a manually updated list of all the green coffee purchases we ever made. We still think this approach is valuable because it provides context for how our purchasing prices have changed over time in relation to the global market price. However, it was difficult to draw consolidated insights from that list.
We are now taking things a step further by providing you with a unique green coffee transparency report based on real-time data from our inventory and purchasing systems. It offers extensive information to help you put the numbers into context.
You can access the new report at: https://warawul.coffee/en/transparency-report
A few more background info about the terminology and how we calculated things:
- Our purchase price, also known as the FOB price:
This is the price paid to the producer up to the point of export from the producing country. It includes the stages of cultivation, processing, export preparation, and logistics up to the export point/port. It does not include any costs incurred afterward, such as ocean freight, import costs, or warehouse logistics. - The global coffee market price for Arabica coffees is the so-called C-Price — the price of one pound of generic Arabica green coffee traded on the New York exchange. It fluctuates daily and is used by the coffee industry as a reference point. In our case, producers set their own prices. However, since they are also able to sell their coffee to other buyers, the C-Price still indirectly influences the prices set by producers.
- We refer to the difference between our purchase price and the C-Price as the premium. We calculate this based on the current daily C-Price on the date we purchased the respective green coffee. This is usually three to six months before the coffee arrives here in Germany. Since coffee prices fluctuate significantly, this gives a more realistic picture: what would the producer have received if they had sold to a buyer on the exchange instead of to us on that day?
- We automatically obtain the C-Price data and exchange rates from Yahoo Finance®.
- Quantity is also important — you can see whether we are truly keeping our promise of maintaining long-term relationships. How often do we buy from the same producers? And in what quantities?
- You’ll also get a sneak preview of the coffees that will be part of our lineup throughout the year.
If you have any questions, feel free to send us an email or contact us on Instagram.