CIMBALI
Monday 23 December 2024
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Market & Trade

A soaring dollar pushed coffee markets lower after a mid-week rally of Arabica’s prices in NY

MILAN - A soaring dollar pushed coffee markets lower after a mid-week rally in New York. The Federal Reserve cut its key interest rates by 25 basis points (0.25%) to 4.25%-4.50% on Wednesday. However, it also indicated that US monetary policy will be more conservative in the future. The hawkish tone of the statements and the Fed's increased focus on inflation levels reignited market volatility, sending equities tumbling and the dollar soaring (DXY index at two-year highs). The greenback's strength put pressure...

Business & Finance

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TODAY NEWS
Latest

Associations

Expocacer: what to expect from coffee farming in the coming years

Desk7 -
PATROCINIO, Brazil - In a world facing constant climate change, global crises, and shifting consumer behaviors, the agriculture and livestock sectors are expected to...
Science

Research shows drinking coffee may help prevent mental decline in people with atrial fibrillation

Desk3 -
DALLAS, USA – Drinking multiple cups of coffee a day may help prevent cognitive decline in people with atrial fibrillation (AFib or AF), according...
coffee chains

Scooter’s Coffee Named a Top Coffee Franchise of 2024 by Entrepreneur Magazine

Desk3 -
OMAHA, Neb., USA – Scooter's Coffee, is proud to announce its recognition as the No. 2 Top Coffee Franchise of 2024 by Entrepreneur Magazine....
Equipment

Groupe SEB on French Competition Authority inquiry

Desk3 -
ECULLY, France – Groupe SEB acknowledges the press release published by the French Competition Authority on December 19, 2024, with respect to an inquiry...
Franke Mytiko
Roasters

Paulig acquires leading Dutch brand Conimex from Unilever and expands in Asian cuisine

Desk3 -
HELSINKI, Finland – The international food and beverage company Paulig is acquiring Conimex, a market leading brand on the Dutch market known for its...
Dairy and alternatives

Laird Superfood launches Maca Instant Latte for enhanced energy and vitality

Desk3 -
BOULDER, Colo., USA – Laird Superfood, a leader in functional coffee and creamers and offering plant-based superfood products with simple, minimally processed ingredients, expanded...
Equipment

Evoca Group inaugurates the new raw materials storage and management warehouse

Desk7 -
VALBREMBO, Italy - On December 4, Evoca Group inaugurated their new raw materials storage and management warehouse at the Valbrembo headquarters, representing a significant...
Sustainability

ofi’s cocoa business raises regenerative agriculture ambition with new 2030 targets

Desk7 -
LONDON - ofi (olam food ingredients), a global leader in naturally good food and beverage ingredients and solutions, is further enhancing efforts to tackle...
Events

ASIC presents the conference dedicated only on coffee reasearch in Lisbon, October 27-31

Desk7 -
Astrid Nehlig, President of ASIC, presents a unique conference dedicated only on coffee research (Coffee plant science and farming, coffee quality, coffee processing, coffee...
Competitions

SCA releases Rules & Regulations for the World Coffee Championships taking place in Geneva

Desk3 -
MILAN – The Specialty Coffee Association (SCA) has released updated Rules & Regulations for the 2025 World Latte Art (WLAC), World Coffee in Good...
Associations

The International Women’s Coffee Alliance presents its annual report

Desk7 -
The International Women's Coffee Alliance sent its holiday greetings along with its annual report. Below, we report a letter from Blanca María Castro, Executive...
Trade Shows

SIGEP Asia & Restaurant Asia announces exclusive three-year partnership with Airline Catering Association

Desk7 -
SINGAPORE - SIGEP Asia & Restaurant Asia exhibition announces an exclusive three-year partnership with the Airline Catering Association (ACA), an organisation representing 64% of the...
Trade Shows

SIAL Paris: the meeting place for agri-food industry top buyers

Desk3 -
PARIS, France – SIAL Paris, a key event for the global food industry, once again confirmed its status as a crossroads for international business,...
Packaging

Sip, Return, Repeat: What one city’s reusable cup trial taught Yum! Brands about sustainable packaging

Desk3 -
NORTHAMPTON, MA, USA – Habit Burger & Grill, KFC and Taco Bell customers in Petaluma, California, recently participated in the United States' first city-wide...
Equipment

Sweet Coffee Italia presents at Sigep 2025 three projects, using new electromagnetic induction technology, that will revolutionise the future standards of roasting

Desk7 -
TURIN, Italy - Sweet Coffee Italia is ready to make its mark at SIGEP 2025, the international event dedicated to coffee, pastry and ice...
Uncategorized

Italy, Sigep World speaks the languages of the global markets, with Saudi Arabia as Guest Country, the edition will be more international than ever

Desk3 -
RIMINI, Italy – "SIGEP WORLD, IEG - Italian Exhibition Group's trade show (Rimini, 18 - 22 January 2025) for Foodservice industry excellence, will have...
Lifestyle

EUDR: EU Parliament gives green ligth to one-year postponement of the law

Desk3 -
STRASBOURG, France – The EU Parliament has given the green light to postponing the entry into force of the EU's Regulation on Deforestation-free Products...
Legislation

Vietnam’s coffee sector marks a landmark with launch of the EUDR Database System

Desk3 -
HANOI, Vietnam – On 17 December 2024, Vietnam’s Ministry of Agriculture and Rural Development (MARD), IDH and JDE Peet’s, in collaboration with local and...
Lifestyle

Mocha Mousse is PANTONE color of the year for 2025

Desk3 -
MILAN – Each year, PANTONE sparks a worldwide conversation about the power of color. But color is more than just visual; it’s a universal...
Roasters

Caffè Vergnano has officially arrived in Indonesia

Desk3 -
JAKARTA, Indonesia – Just in time for the holidays, one of Italy’s oldest premium coffee brands, Caffè Vergnano, is now easily accessible to coffee...

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coffee chains

Retail Veteran Venki Krishnababu joins Dutch Bros Coffee as Chief Technology and Information Officer

GRANTS PASS, Ore., USA – Dutch Bros Inc., one of the fastest-growing brands in the quick service beverage industry in the United States by location count, announced that lauded...
Vending

VendiZone leverages Bake Xpress in high-tech vending café in Berkeley

Desk3 -
BERKELEY, Calif., USA – LBX Food Robotics, the leader in hot food vending, has recently announced that the ground-breaking VendiZone Automated Café leverages Bake...
coffee chains

PJ’s Coffee partners with Aunt Sally’s Pralines

Desk3 -
NEW ORLEANS – Two New Orleans-born brands are combining their rich histories and flavors to deliver an unparalleled experience: Aunt Sally’s hand-poured pralines are...
Companies

Adam Handling joins Nestlé Professional’s esteemed panel of judges for the 37th Toque d’Or competition

Desk3 -
GATWICK, UK – Nestlé Professional is announcing an exceptional judging panel for the upcoming 37th edition of the Toque d’Or competition, featuring some of...

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Since the first issue, on May 1st 2001, the objective of Comunicaffe International has been to provide an updated, punctual and essential information service to operators in the sector. The idea is to be useful, providing information on the coffee, cocoa and tea supply chains in order to develop critical thinking and debate. Stay with us.
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