December 10, 2021

Coffee News Recap, 10 Dec: Robusta futures at over 10-year high, CEPEA prices still at highest level recorded & other stories

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

  • Mon, 6 Dec – CEPEA Index reaches highest levels since 1999. On 25 November, the index closed at R 1,466.92 cents (US 263.69 cents) – the highest level since 20 December 1999. Price increases are still attributed to shipping delays and logistical issues.
  • Mon, 6 Dec – London Coffee Festival to launch new online cupping course. The four-week “Home Coffee Training: Advanced Sensory” course will be led by three-time UK Cup Tasters champion Freda Yuan. The course will focus on theoretical and practical aspects of coffee cuppings. The 2022 London Coffee Festival will take place from 31 March to 2 April.
  • Mon, 6 Dec – Robusta futures reach record 10-year high. After the International Coffee Organisation’s (ICO) report stated world coffee exports decreased year-on-year by 4.4.% in October, robusta futures reached a record high of US $2,386/tonne. This level is the highest in over 10 years.
  • Mon, 6 Dec – SavingSpot releases report on US coffee shop prices. The savings and budgeting company found Seattle has the most expensive cup of coffee at US $3.92, while Harrisburg, Pennsylvania has the cheapest cup at US $1.18. The report also concluded that California has the most coffee shops, while South Dakota has the least.
  • Tue, 7 Dec – First-ever Digital Malaysia Coffee Week launches on ecommerce platform Shopee. From 1 to 12 December, over 40 brands will showcase a range of coffee products on the virtual platform, including Lavazza and De’Longhi. The Malaysian Specialty Coffee Association will also host the “Gift-with-Purchase” programme, where the first 1,000 customers to spend a minimum of MYR 12 (US $3) are eligible to receive a prize.
  • Tue, 7 Dec – Pret A Manger to expand presence in Middle East. Through a partnership with Kuwait franchise group One PM Franchising, the coffee and food-to-go chain plans to double its number of Middle Eastern locations over the next five years.
  • Tue, 7 Dec – The Centre launches new microbial fermentation course. Sucafina’s online learning platform will host a new class discussing how microbial fermentation affects coffee flavour. The course includes five live sessions with Coffee Quality Institute instructor Tim Heinze.
  • Wed, 8 Dec – Fairtrade Fortnight 2022 to run from 21 February to 6 March. Fairtrade UK will host the annual initiative to showcase insights from global food producers, including coffee farmers. The online “Choose the World you Want” Festival will also coincide with Fairtrade Fortnight, co-ordinating a series of national fundraising events.
  • Wed, 8 Dec – The Barista League announces 2022 locations. Competitions will be held in nine cities over three continents, including Hamburg, Toronto, Budapest, and Mexico City. Competitions will be held from February to November.
  • Thu, 9 Dec – First ever Starbucks union forms in Buffalo, New York. The National Labour Board reported that workers voted 19-8 in favour of the union, with votes from two other Buffalo locations still waiting to be counted. Three other Buffalo stores and a location in Arizona have also filed petitions for union elections.
  • Thu, 9 Dec – Hemro Group reports 50% 2021 sales growth. The Mahlkönig, Ditting, Anfim, and Hey Café grinder manufacturers claim demand has increased across all four brands. Hemro Group is expanding capacity in Germany, Italy, and China to cope with rising demand.
  • Fri, 10 Dec – Sanremo rolls out dual-hopper X-One grinder. The commercial grinder debuted at HostMilano in October, and includes vertically-aligned 98mm burrs. Sanremo claims shipping will begin in mid-to-late 2022.

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

  • Fri, 3 Dec – Starbucks Brazil opens eight new stores in Minas Gerais. Through its licensed operator in Brazil, SouthRock, eight new locations opened in the state, including at Belo Horizonte International Airport. The stores will sell the Starbucks Brasil Blend – which comprises coffees from Minas Gerais, São Paulo, and Bahia.
  • Fri, 3 Dec – SCA launches content development survey. Feedback will be used to improve the SCA’s 2022 content programming. The survey closed on 17 December and is available in English and Korean.

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Photo credits: @paulo.hert