MILAN – Coffee futures prices recorded on Tuesday another day of increases as concerns around tight supplies gained the upper hand on both market - in London, May ICE Robusta coffee closed up $31 to a new all-time high of $4,005.
The most active contract for July delivery gained $28 to settle at $3,977 after reaching an intraday high of $4,036. Marex Group Plc forecasts a global 2024/25 Robusta coffee deficit of -2.7 million bags due to reduced output in Vietnam.
May Arabica...
VIENNA, Austria – Premium coffee brand, Julius Meinl launches its first ever international barista competition. The Meinl Barista Cup spotlights the talented baristas serving...
ECULLY, France – Groupe SEB announces the success of a €150m, 12-year private placement, with leading institutional investors. The placement comes without financial covenants...
MELBOURNE, Australia – El Niño has ended and the El Niño–Southern Oscillation (ENSO) has returned to neutral, reports the Bureau of Meteorology of the...
CANNOCK, UK – Contact Coffee, a British military-owned coffee company has recently been making waves in the coffee-aficionado space with the recent release of...
HELSINKI, Finland – Paulig’s venture arm, PINC, is investing in the Swedish agtech startup OlsAro. The startup is developing new wheat varieties resilient to...
VEVEY, Switzerland - With climate change threatening coffee cultivation, Nestlé experts are exploring how advanced data science and artificial intelligence can be leveraged to...
GEISLINGEN/STEIGE (Germany) - Groupe SEB has been awarded the prestigious EcoVadis Platinum rating, the highest rating in existence, placing it in the top 1%...
NEW YORK, USA – Scientific evidence clearly requires the California State Assembly to reject activists' baseless efforts to ban the most common type of...
SEATTLE, Wash., USA— Ahead of its official Earth Day launch, Atomo Coffee, innovators of the world’s first “beanless” espresso, is proud to announce its partnership with Bluestone Lane, the...
WINSTON-SALEM, N.C., USA – Rarebird Inc., Founders of the first-ever jitterless coffee, is pleased to announce the recent securement of a notable patent for...