August 6, 2021

Coffee News Recap, Aug 6: Arabica prices fall on CEPEA index, Libya to host first ever coffee event & other stories


Every Friday, Perfect Daily Grind rounds up the top coffee industry news of the week. Here are this week’s stories.

  • Mon, 2 Aug – SCA Youth Academy to launch in Russia. The scholarship for the Coffee Skills programme has been successfully launched in Italy, Switzerland, and the UK. Recipients can learn all SCA courses up to foundation level, as well as barista skills up to professional level.
  • Mon, 2 Aug – BSCA releases statement on impact of Brazil frost. The director of the BSCA, Vanusia Nogueira, said it is still too early to assess the extent of damage caused by the frost over the last two weeks. Over 80% of 194 municipalities were affected by the extreme weather conditions, with some agricultural experts claiming certain regions may not fully recover until 2025. Rare reports of snow also came from southern parts of Brazil last week.
  • Tue, 3 Aug – Libya to host its first ever coffee trade show. The Libya Coffee Expo, which is aimed at coffee professionals and small coffee business owners, will take place from 1 to 4 October 2021. The in-person event will also be livestreamed.
  • Tue, 3 Aug – Ethiopian-focused Unravel Merchants launches in US. The green coffee traders offer a core range of both washed and natural processed grade one and two Ethiopian coffees. Six micro lot coffees are also available, showcasing a variety of processing techniques, such as carbonic dry and anaerobic honey.
  • Wed, 4 Aug – CEPEA/ESALQ arabica price index closes at US $191.53 per bag. The drop in prices is attributed to frost easing in Brazil between 29 and 31 July after the initial severe weather on 20 July. Robusta prices remained stable at US $115.98 per bag, with minimal frost reported in the country’s robusta-producing regions.
  • Thu, 5 Aug – Gevi 2-in-1 grinder and brewer launches on Indiegogo. The all-in-one grinder and pour-over brewer contains 60mm burrs with 51 different grind settings. The machine also includes a built-in digital scale and a three-jet 360° rotational spout head. Gevi are currently developing the final product, with shipping expected in October 2021.
  • Thu, 5 Aug – LOCA reusable ceramic filter launches on market. The filter uses fine porous holes to allow the coffee to extract, eliminating the need for paper filters. LOCA claims the filter helps to increase sweetness and reduce bitterness.
  • Thu, 5 Aug – ICO releases 2020-2030 sustainability roadmap. The Coffee Public-Private Task Force strategy roadmap includes a number of technical workstreams, including enhancing market transparency, and improving gender equity and youth inclusion in the coffee industry. By 2030, the organisation aims to improve the social, environmental, and economic sustainability of the supply chain.
  • Fri, 6 Aug – Tim Hortons’ 2021 revenue increases to US $831 million. Financial performance reports from April to June 2021 show that revenue increased by 46.7% compared to the same period in 2020. Tim Hortons now operates over 5,000 global stores, and recently opened a new Middle East headquarters in Riyadh, Saudi Arabia.
  • Fri, 6 Aug – Oatly loses trademark infringement case against Glebe Farm Foods. Oatly claimed Glebe Farm Foods have infringed five trademarks, including the name and colour of packaging. The judge claimed the similarities were “at a very general level” and concluded there was no detrimental risk to Oatly’s branding.

Here are a few news stories from previous weeks that you might find interesting. Take a look.

  • Mon, 26 Jul – Nestlé and Starbucks partner on new RTD coffee line. The two companies will focus on the Starbucks Frappuccino and Starbucks Doubleshot beverage lines. New products will be available in southeast Asia, Oceania, and Latin America markets in 2022.

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