Wednesday 16 October 2024
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Uncategorized

Coffee futures rally on technical reasons, pessimistic estimates on Vietnam’s new crop in 2024/25

MILAN — Coffee futures started the week with a bang. Yesterday, Monday 14th October, the Ice Arabica contract for December delivery gained 1,000 points (+4%) to close at 262.05 cents, at its highest since 1st October. In London, January gained 3.5% to close at $4,843, its highest level since 2nd October. There were technical and fundamental factors at play in this new surge in coffee futures prices. The sentiment was certainly influenced by the Cot reports published last week, which showed a...

Business & Finance

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Uncategorized

IFAD and Japan partner with the private sector to boost small-scale coffee producers in Tanzania

Desk3 -
TOKYO, Japan – The UN’s International Fund for Agricultural Development (IFAD), the Ministry of Agriculture, Forestry and Fisheries of Japan (MAFF) and two of...
Specialty Coffee

Coffee Alliance for Excellence caps seven years of impact in Peru with international recognition

Desk3 -
LIMA, Peru – As it concludes seven years of implementation in Peru, the Coffee Alliance for Excellence (CAFE) has received recognition from two prestigious...
  • La Cimbali
Coffee Machines

CUCKOO launches new innovative 3-in-1 K-Cup Single Serve Coffee Maker

Desk3 -
CERRITOS, Calif., USA – CUCKOO, renowned for its innovative kitchen and home appliances, is making waves in the North American coffee scene with the...
Roasters

Ninety Plus Coffee announces exclusive U.S. distribution partnership with Coffee Support

Desk3 -
PHOENIX, USA – Ninety Plus, a world renown coffee producer, has announced a new partnership with Arizona-based Coffee Support. This is the first time...
Franke Mytiko
Roasters

illy is the official coffee for the 25th edition of Ein Prosit in Udine, Italy

Desk3 -
TRIESTE, Italy – illycaffè, the global leader in high-quality sustainable coffee, is once again an official sponsor of Ein Prosit, the event celebrating culinary...
coffee chains

Tims China to participate in and sponsor the upcoming fourth ESG Global Leaders Summit in Shanghai

Desk3 -
SHANGHAI, China – TH International Limited, the exclusive operator of Tim Hortons coffee shops in China (“Tims China”) will be participating in the Fourth...
Interviews & Opinions

Julius Meinl Group’s CEO Marcel Löffler: “In Usa we expect to have a 100 mln business in 7-8 years”

Desk7 -
VIENNA, Austria – Marcel Löffler, Julius Meinl Group CEO and Chairman, shared his view about the business plan of the company focusing on the...
Sustainability

The Cerrado Mineiro Road Show concludes in Rome, strengthening coffee culture

Desk7 -
PATROCINIO, Brazil – The Cerrado Mineiro Region, the first coffee-growing area in Brazil to achieve Designation of Origin (DO) status, has successfully wrapped up...
Roasters

Lavazza opens its 57th Training Center in Bali, Indonesia

Desk7 -
BALI, Indonesia - Lavazza has announced the opening of its 57th Training Center, situated in the heart of Bali, Indonesia. The new 55 sqm...
Legislation

TechnoServe Coffee lead backs decision to delay EUDR implementation, lays out priorities ahead of new deadline of December 2025

Desk3 -
ARLINGTON, VA, USA – In response to the European Commission’s updated guidance on the EU Deforestation Regulations (EUDR) and proposal to delay implementation of...
Awards

Pintail Coffee earns the prestigious 2024 Minority & Women’s Business Award

Desk3 -
FARMINGDALE, N.Y., USA – Pintail Coffee, a leading supplier of high-quality specialty coffee that donates 100 percent of its profits to local hunger-relief organizations,...
Awards

Smart Label Award 2025 gets into full swing

Desk3 -
MILAN, Italy – The Ho.Re.Ca. industry is back to growth. In its analysis of a report by FIPE, the Italian association of public establishments,...
Roasters

illycaffè introduces Instant Latte Selection in S. Korea

Desk3 -
SEOUL, South Korea – illycaffè, the global leader in sustainable, high-quality coffee, proudly announces the exclusive launch of two new products in its Instant...
coffee chains

Matto Espresso opens new cart at Brooklyn College

Desk3 -
BROOKLYN, N.Y., USA – Matto Espresso, the premier specialty coffee brand known for its innovative approach to quality and accessibility, is thrilled to announce...
Marketing

PrinceNanaCoffee.com announces partnership with ShopAEW to provide coffee-themed merchandise at All Elite Wrestling (AEW)

Desk3 -
BROOKLYN, N.Y., USA — PrinceNanaCoffee.com, an online coffee retailer offering a variety of fresh, premium-roasted coffee beans has continued to enjoy massive acclaim from...
Associations

Coffee Alliance for Excellence caps 7 years of impact in Peru with international recognition

Desk7 -
LIMA – As it concludes seven years of implementation in Peru, the Coffee Alliance for Excellence (CAFE) has received recognition from two prestigious awards....
Culture

Hunter Tedman dives into the infused coffee controversy and banning at Best of Panama on Buy The Drip Podcast

Desk7 -
MILAN - On the latest episode of "Buy The Drip," hosts David and Cole Torode interview Hunter Tedman, fourth-generation coffee farmer and president of...
Events

The Empire State Building hosts annual run-up, presented by Starbucks and powered by the Challenged Athletes Foundation

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NEW YORK, USA – The Empire State Building (ESB) hosted the 46th Annual Empire State Building Run-Up, presented by Starbucks and powered by the...
Sustainability

Clarmondial announces new USD 300 million financing for cocoa & coffee

Desk3 -
MÄNNEDORF, Switzerland – Clarmondial – an independent investment advisory company that focuses on practical, profitable and creative solutions for social and environmental businesses –...
Espresso and coffee beverages

Luxardo launches Cocktail Bitters with coffee flavor

Desk3 -
SAN FRANCISCO, USA – Luxardo, Italy's preeminent artisanal liqueur producer known for creating essential ingredients for modern and classic cocktails, introduces Luxardo Aromatic Infused...

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Keurig revolutionizes the shopping experience in Walmart stores in Canada with a new chatbot based on generative AI

MONTRÉAL, Québec, Canada – Keurig, Canada’s leader in single serve coffee makers¹, today announces the launch of a revolutionary pilot project in collaboration with Walmart, aimed at transforming the...
Coffee Machines

Coffee Makers Co launches in the UK as a supplier of premium coffee machines

Desk3 -
LONDON, GREATER LONDON, UK – Coffee Makers Co, a UK-based supplier of premium coffee machines and coffee makers, is proud to announce its official...
Roasters

Nguyen Coffee Supply launches ready to drink Vietnamese coffee at Jewel-Osco stores

Desk3 -
BROOKLYN, NY, USA – Nguyen Coffee Supply, America's first specialty Vietnamese coffee importer & roaster, announced today another retail expansion with 80+ Jewel-Osco stores...
Chocolate

Nestlé trials Quality Street paper tub in the UK

Desk3 -
GATWICK, UK – Next week, shoppers will see a first-of-its-kind Nestlé 's Quality Street tub on selected Tesco supermarket shelves. The iconic Christmas brand...

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