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Report: Traders Who Bet On Coffee Prices to Come Down Now Struggling with Cash
At least two Brazilian coffee trading companies, Atlântica Exportação e Importação and sibling company Cafebras Comércio de Cafés do Brasil, turned to local courts in search of debt restructuring amid the current decades-high price period on the coffee commodity market, according to a Bloomberg report this week. One source warned the news organization of “rumors that other trading companies could also face serious problems,” since those traders that have hedged (bet short) on coffee futures may not have the cash to cover margin calls.
HostMilano Organizers to Launch Host Arabia in Riyadh
The Italian organizers of the massive HostMilano coffee and hospitality trade show, Fiera Milano, announced that they are bringing the event format to Saudi Arabia in 2026 through a partnership with Saudi events agency Semark. The inaugural Host Arabia is scheduled to take place in 2026 in Riyadh. Find DCN’s recent HostMilano coverage here.
2025 ASEAN Expo Happening Sept. 2-4
The organizers of the ASEAN Food & Beverage Exposition announced that the 2025 edition will take place Sept. 2-4 at the Impact Exhibition Centre in Bangkok, Thailand.
The Chain Collaborative Annual Holiday Auction is Happening Now
The Chain Collaborative (TCC), a US-based nonprofit dedicated to co-creating opportunities and strengthening capacities for community-led change in the coffee sector, is holding its Fourth Annual Holiday Auction from now through Dec. 10. The auction includes a broad range of coffee gear and swag.
With COJIT Acquisition, MPE Opens European Headquarters in France
Chicago-area industrial grinder and food processing systems manufacturer Modern Process Equipment (MPE) has opened a European Union headquarters in Monistrol-sur-Loire, near Lyon, France. The company recently acquired the French industrial engineering firm COJIT, whose president, David Cizeron, is now president of the new MPE Europe.
Hawaii Coffee Association Seeking Cupping Competition Proposals
The Hawaii Coffee Association (HCA) issued a Request for Proposals (RFP) for the facilitation of the 2025 Annual HCA Cupping Competition. The coffee competition will align with the membership organization’s annual conference , which is scheduled for July 17-20 at the Kona Outrigger Hotel in Kailua-Kona, Hawaii.
ICO Global Market Report for November
The International Coffee Organization released its coffee market report for the month of November, showing an average composite indicator price of $2.7072, an 8% increase over the previous month.
GCP Adds Four New Sustainability Schemes as Equivalent to Reference Code
The pre-competitive Global Coffee Platform added four private sustainability schemes to its growing list of schemes deemed equivalent to the Coffee Sustainability Reference Code, which provides a baseline sustainability certification reference for the coffee industry. The new schemes are: Agri Evolve’s ACE; Coocacer’s Café Sustentável; Expocacer’s ECO; and Westrock Coffee Company’s RAÍZ Sustainability.
Jetinno Launches JL36 Super-Automatic Machine
Chinese commercial coffee equipment maker Jetinno launched its latest product, a super-automatic, large-interface coffee drink machine called the JL36. The machine includes customizable settings for milk frothing and extraction.
Nut Milk Startup PKN Launches Barista Milk
Austin, Texas-based nut milk company PKN is celebrating the launch of its latest product, Joy Barista Pecanmilk, formulated specifically for coffee and milk foaming applications.
New from CoffeeIndustryJobs.com
- Import and Fulfillment Manager — Caravela Coffee
- Technical Account Rep South Central Region — La Marzocco
- Administrative Coordinator — Roast Magazine
- CUSTOMER RELATIONSHIP MANAGER (CRM) — Caravela Coffee
- Sales Support Assistant — La Marzocco
- Junior Coffee Trader — Falcon Coffees
- Sales Director — Melitta North America, Inc.
ICYMI
Here are some of DCN’s top stories from the past week…
A Cell-Cultured Coffee Movement is Rapidly Advancing
Scientists like Professor Chahan Yeretzian, of the Zurich University of Applied Science, are pioneering cell-cultured coffee — a lab-based alternative that could redefine our relationship with coffee and offer a sustainable path forward… read more
Labor Violations Alleged in Starbucks and Nestlé Supply Chains in China
Independent field investigations in China’s Yunnan Province found labor violations at coffee farms that supply coffees purchased and certified as sustainable by coffee giants Starbucks and Nestlé, according to a new report from two labor watchdog groups… read more
Study: Coffee Drinking May Increase ‘Healthspan’ by Nearly Two Years
A major academic review of coffee-and-health-related literature over the past two decades found that regular moderate coffee consumption is associated with decreased all-cause mortality and chronic diseases… read more
Simonelli Group Acquires Drip Coffee Machine Maker 3Temp
Italian coffee equipment conglomerate Simonelli Group, owner of the Victoria Arduino and Nuova Simonelli brands, has acquired Swedish drip coffee machine maker 3Temp… read more
La Coop Coffee Returns to DC with Flagship Roastery Cafe
Washington D.C.-based La Coop Coffee has a homecoming for the holidays with the opening of its flagship roastery cafe in the Manor Park neighborhood, just blocks away from its first brick-and-mortar cafe… read more
Roaster Maker Sivetz Opens Showroom and HQ in Oregon
Fluid-bed roaster maker Sivetz just opened a dedicated showroom and headquarters in Hood River, Oregon, about an hour’s drive east of Portland… read more
Little Victories Coffee Opens Another Winner in Ottawa
Ottawa, Ontario-based coffee roaster and retailer Little Victories opened its third location earlier this year, just three blocks away from its existing locus in the bustling downtown core… read more
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