Record Prices Set at Inaugural DMCC Specialty Coffee Auction
The inaugural Dubai Multi Commodities Centre (DMCC) Specialty Coffee Auction has made a global impact by setting new records in the world of specialty coffee.
Held during the World of Coffee Dubai 2025 event, the auction featured 16 lots from 11 producers across nine countries, showcasing six coffee varieties. The standout was Geisha coffee, with 11 lots of this sought-after variety attracting bidders both in the room and remotely.
The highest price of the auction came from Finca Sophia in Panama, where their coffee sold for an impressive US$10,020 per kilo. Additionally, a Kona SL 34 lot from Hawaii set a new benchmark for American coffee, fetching US$910 per kg, eight times higher than its previous record. Other notable lots included La Llama beans from Bolivia, which became the country's most expensive coffee at US$350 per kg, and an Ethiopian Gesha Village Oma Natural lot, which sold for US$1,100 per kg.
DMCC's Executive Chairman, Ahmed Bin Sulayem, emphasized the event's role in reinforcing Dubai's position as a key hub in the global coffee trade. Khalid Al Hammadi, Executive VP of DXB Live, highlighted the growing global demand for high-quality coffee and DMCC's commitment to industry sustainability.
Auctioneer David Paparelli of M-Cultivo compared the auction to luxury goods sales, with buyers viewing the coffee as exclusive, high-end products. All coffees at the auction scored 92 points or higher on the Specialty Coffee Association's scale.
This historic event further elevated Dubai's standing as a pivotal player in the international coffee industry.
News Source: Emirates News Agency
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