Friday 29 March 2024
  • La Cimbali
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CATEGORY

Market & Trade

Robusta coffee and cocoa futures prices skyrocketed to record levels on Tuesday

MILAN – Robusta coffee futures prices rose to new highs yesterday. In London, the contract for May delivery pierced the $3,500 threshold to reach...

Robusta coffee futures reach a new record high of $3,417 on the contract for May delivery

MILAN – Robusta coffee futures broke the $3,400 threshold on Monday and closed at a new all-time high for the benchmark contract for May...

illycaffè and Ernesto Illy Foundation sponsor the World Happiness Report for the tenth time

TRIESTE, Italy - The illycaffè company and the Ernesto Illy Foundation have reaffirmed their commitment to supporting the World Happiness Report, the annual publication...

Pluri’s sustainable cell-based coffee addresses critical challenges revealed in ICO Market Report

HAIFA, Israel – Pluri Inc., a leading biotechnology company that transforms cells into solutions that promote global wellbeing and sustainability, today addressed the price...

Robusta prices near the $4 mark in Vietnam, Arabica stocks at 8-month highs

MILAN – Following four consecutive sessions in black, the London Robusta market receded on Wednesday. The main contract for May delivery fell 1.2% to...

ofi secures US$500 million 5 and 7 year financing backed by Italian Export Credit Agency (Sace) to support the Italian coffee roasting supply chain

MILAN – SACE, the Italian export credit agency, announced yesterday, March 19th, 2024, a new Push Strategy operation worth approximately 500 million euros intended...

How Luckin Coffee has successfully secured a dominant position in the Chinese market

CHENGDU, China —  Recently, Luckin Coffee has unveiled its annual financial report for 2023, revealing a total revenue of RMB 24.9 billion, with the...

Annual convenience services industry revenue reaches $26.6 billion, matching pre-pandemic levels

ARLINGTON, Va., USA – Convenience services industry annual revenue is estimated to have reached $26.6 Billion in 2023, for the first time matching the...

Brazil’s coffee exports reached 3.4 million bags in February, Robusta shipments at record highs, up 552% year-on-year

MILAN – Brazil ’s coffee exports rose sharply in February. According to newly released monthly data from Cecafé, export of all forms of coffee...

ICE reports record cocoa ADV in February, coffee OI up 8% y/y

ATLANTA & NEW YORK, USA – Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today reported February 2024 trading volume...

ICO report: Robusta prices reach 30-year peak, green coffee exports at record highs during January

LONDON, UK – The share of Robustas in world coffee exports increased steadily over the past three year, rising from 33.8% in 2020/21 to...

ÂŁ4.6bn UK independent coffee shop market grew 4% over the last 12 month

LONDO, UK - World Coffee Portal’s The Independents Report UK 2024 shows the UK’s £4.6bn independent coffee shop market achieved 4% sales growth over...

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