SINGAPORE – The Singapore Coffee Association is organising the 3rd edition of the Singapore Speciality Coffee (Micro Lot) Auction, giving coffee producers a chance to expand into the Asian market and consumer audiences access to larger varieties of exotic beans. For the first time, the event will be held in conjunction and share its venue with FHA-HoReCa 2022, the leading food, service and hospitality event in Asia that will take place from 25 to 28 October at the Singapore Expo with over 60,000sqm of exhibition space.
This year’s auction will feature a greater coffee selection of over 50 different lots from 17 countries, welcoming new participants from El Salvador, Jamaica, Nicaragua, Papua New Guinea, Rwanda and Timor Leste, in addition to the countries returning from the previous year.
The Singapore Speciality Coffee (Micro Lot) Auction is scheduled for 25 October 2022 at 2pm Singapore time and will follow a hybrid format. In-person bidders can attend the event at Singapore Expo, while virtual attendees will be able to join through livestreams provided via the association’s social media platforms on the day. Attendees are required to register beforehand.
Conceptualised in 2019 with its first edition held in year 2020, the auction continues to receive strong support from Enterprise Singapore (ESG) and ASEAN Coffee Federation (ACF) when it was organised fully virtual due to the pandemic. The event took a hybrid form in 2021 and remains as a hybrid auction this year.
With the easing of COVID-19 measures, live cupping of the auction beans onsite will return, allowing in-person bidders a first-hand experience to appreciate the profile and taste notes of every bean before the auction begins. A complimentary cupping session is scheduled to run from 11am to 12pm on 25 October. The session is open to the public, but registered bidders will be prioritised.
With increasing commodity prices and the effects of climate change, the auction coffees are expected to fetch a price point of at least 40% more compared to its previous edition due to the expected higher reserve price and scarcity of quality coffee.
“We are grateful for the level of support the various embassies, high commissions and coffee producers have provided in making the coffee auction possible. My special thanks to the High Commission of Rwanda in Singapore who has come onboard as our Key Sponsor this year. I am also pleased to acknowledge Bank Indonesia’s (BI) support in our auction for the second year running and the relentless support BI has provided to its Indonesian coffee producers,” said Mr Victor Mah, President of the Singapore Coffee Association.
Over the years, the event has successfully anchored its position as one of the most established speciality coffee auctions in the Asia Pacific region. Other than its gold sponsor Visit Rwanda, the event has also attracted other prominent brands as sponsors such as Bank Indonesia, ProfilePrint, F&N, Nestlé, Innorama and Duralex.
For more information on the Singapore Speciality Coffee (Micro-Lot) Coffee Auction 2022, please visit: www.singaporecoffee.org/SSCA2022
To register as a bidder, visit: https://form.jotform.com/222432004787452
About Singapore Coffee Association
The Singapore Coffee Association (SCA) was established in the late 1950’s by a group of pioneering coffee traders. During the ensuing years, coffee trade developed rapidly due to the enterprise and hard work of the traders. Singapore gained recognition as one of the coffee centres of the world. Today, as a result of the transformation, Singapore Coffee Association’s membership represents all sectors of the coffee industry, from green coffee supply chain providers, international and national roasters to well-known coffee retailers.