Friday 19 April 2024
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  • Triesteexpresso
Market & Trade

Coffee futures prices slumped on  Thursday   after  reaching new  highs  on  both  markets

MILAN – Coffee futures prices fell sharply on Thursday after reaching new highs on both markets. In London, the most traded contract for July lost ground on profit-taking, after climbing to a new all-time high of $4,292, and ended the day at $4,062, down $133 from the previous session. July Arabica coffee in New York lost 925 points and settled at 231.10 cents per lb, its highest since February 2022 at 245.40 cents. A stronger dollar sparked long liquidation in coffee futures...
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Business & Finance

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DESCAMEX COFFELOVERS 2024
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TODAY NEWS
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Roasters

Nestlé releases the results from its AMG

Desk3 -
LAUSANNE, Switzerland – Today, Nestlé S.A. held its 157th Annual General Meeting (AGM) at the SwissTech Convention Center in Lausanne. Shareholders approved all of...
Roasters

JDE Peet’s signs MOUs with Honduras, Peru and Rwanda to combat coffee related deforestation

Desk3 -
AMSTERDAM, The Netherlands – JDE Peet’s has expanded its global effort to combat coffee-related deforestation by signing three Memoranda of Understanding (MOUs) with Peru,...
Triesteexpresso
Uncategorized

RTD iced-coffee demand driven by Millennials and Gen Z, says GlobalData

Desk3 -
MILAN – Iced and speciality coffee drinks have emerged as a hot beverage trend, with interest and demand for iced coffee drinks primarily driven...
Equipment

Sanremo Coffee Machines at the London Coffee Festival with the machine D8

Desk7 -
VASCON DI CARBONERA, Italy - Sanremo Coffee Machines has teamed up with roasters to make an impact at the London Coffee Festival 2024, one...
Franke Mytiko
Roasters

Mayorga Coffee’s Eduardo Choza named #1 coffee roaster in the United States

Desk3 -
ROCKVILLE, Md., USA – Mayorga Coffee is proud to announce that Eduardo Choza, the company's Director of Coffee, has been crowned the United States...
Culture

illycaffè presents the new illy Art Collection at the Biennale Arte signed by 4 emerging Latin American artists

Desk3 -
TRIESTE, Italy – illycaffè, a global coffee company known for its sustainable quality and for the privileged bond it has built with the world...
Health

Fluctuating coffee prices are putting mental pressure on Vietnamese farmers, says new study

Desk3 -
COPENHAGEN, Denmark – Large fluctuations in the world market prices are a major additional psychological burden for the farmers who grow the coffee. This...
coffee chains

Scooter’s Coffee named 2024’s second fastest-growing brand by Yelp

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OMAHA, USA – Scooter’s Coffee, one of the nation’s fastest growing drive-thru coffee franchise companies, was ranked first among coffee companies—nearly 30 spots ahead...
coffee chains

Tim Hortons launches new Greatest Duos Trading Card Set featuring NHL and PWHL players and retired NHL legends

Desk3 -
TORONTO, Canada – Starting today, Tim Hortons guests across Canada can start collecting the NEW Tim Hortons Greatest Duos Trading Cards Set, produced by...
Events

The Coffee Coalition for Racial Equity (CCRE) hosts inaugural event

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CHICAGO, IL, USA – This past Saturday night, April 13, 2024, during the Specialty Coffee Association Expo 2024, marked a historic moment for the...

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Roasters

Paulig invests in OlsAro, an agtech startup securing wheat supply through AI-enabled crop-breeding

HELSINKI, Finland – Paulig’s venture arm, PINC, is investing in the Swedish agtech startup OlsAro. The startup is developing new wheat varieties resilient to climate stresses such as salt,...
Companies

Nestlé experts develop new database to better identify climate-resilient plants

Desk7 -
VEVEY, Switzerland - With climate change threatening coffee cultivation, Nestlé experts are exploring how advanced data science and artificial intelligence can be leveraged to...
Equipment

Groupe SEB achieves prestigious EcoVadis Platinum Rating for all of its brands including WMF, Schaerer and Curtis

Desk7 -
GEISLINGEN/STEIGE (Germany) - Groupe SEB has been awarded the prestigious EcoVadis Platinum rating, the highest rating in existence, placing it in the top 1%...
Legislation

Scientific evidence requires California to reject baseless decaf ban, NCA CEO to testify in State Assembly

Desk3 -
NEW YORK, USA – Scientific evidence clearly requires the California State Assembly to reject activists' baseless efforts to ban the most common type of...

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