In 2022, Starbucks underwent a round of price adjustments, and entering 2023, the global coffee bean supply situation remains full of uncertainties. As a major coffee-producing region in the world, Brazil's new crop production estimates are still unclear, which directly affects international coffee futures trends and means that retail coffee prices may continue to fluctuate. This article compiles the complete price list of Starbucks' different series of drinks in 2023, covering four major categories: espresso, Frappuccino, iced shaken tea, and cold brew iced coffee, listing the prices for Tall, Grande, and Venti one by one, for coffee enthusiasts to refer to. At the same time, at the end of the article, Front Street Coffee's specialty bean recommendation channel is also attached, for friends who want to recreate Starbucks flavors at home to purchase. [more…]

Luckin Coffee's latest 2023 store price list has been announced, clearly listing prices for series such as the Classic Latte, SOE Little Black Cup, and the Raw Coconut Family. However, consumers have recently discovered that the same drink is priced differently at different stores, and in some cases the pickup price is even higher than the delivery price—a phenomenon that has sparked widespread discussion. Luckin Coffee officially responded that, due to differences in logistics and operating costs, stores may apply for price adjustments, with a maximum increase of 3 yuan. This article compiles the complete price list and reviews the changes in Luckin's pricing strategy and their impact on consumers. [more…]

Want to know the latest Starbucks menu prices? This article compiles the 2023 prices for Starbucks' espresso series, Frappuccino series, iced shaken tea series, and cold brew iced coffee series, including lattes, cappuccinos, Americanos, caramel macchiatos, flat whites, various Frappuccinos, iced shaken teas, and cold brew coffee. It also includes a list of the top ten best-tasting Starbucks drinks for coffee lovers' reference. Whether you're looking for the best value or want to try new flavors, this price list can help you make a quick decision. Follow Coffee Workshop and Front Street Coffee for more professional coffee knowledge and specialty coffee bean information. [more…]

Luckin Coffee has amazed everyone in recent years with its rapid product iteration and endless stream of new releases, but have you noticed that prices actually differ from store to store? This article compiles Luckin's latest 2023 price list, covering classic coffees, the Little Black Cup SOE series, the Coconut Latte family, Velvet Latte, and other popular products, and also ranks the top ten drinks most worth trying. At the same time, it provides an in-depth analysis of phenomena such as price differences caused by store tiering and self-pickup being more expensive than delivery, combining media investigations and statements from store staff. In addition, the article also retains related recommendations from Front Street Coffee for coffee lovers' reference. Whether you are a regular Luckin customer or a coffee beginner, this article can help you choose that cup more wisely. [more…]

What are the Starbucks drink menu prices in 2023? Which hot and cold coffee drinks are the most popular? This article compiles a detailed price list of the entire Starbucks menu, including espresso, Frappuccinos, shaken iced tea, and the cold brew series, and reviews the specific price increases after the February 2022 adjustment. Whether you prefer the classic Americano, latte, or are fond of Frappuccinos or cold brew, you can find the latest prices and popular recommendations here, helping coffee lovers order easily without any missteps. [more…]

Walking into Starbucks but hesitating over the menu? This article rounds up the five most popular drinks among customers right now, including the Oat Latte, Iced Americano, Cold Brew, plus the caffeine-free Matcha Frappuccino and Iced Shaken Berry Hibiscus Tea, explaining each one's features and who it's best suited for. It also includes the 2023 price list for Starbucks' four major series—Handcrafted Espresso, Frappuccino, Teavana, and Cold Brew—covering full pricing from Tall to Grande and Venti, so you can quickly decide based on your budget and taste. Whether you're lactose intolerant, cutting sugar to lose weight, or simply want to try something different, you'll find your next cup here. [more…]

C'estbon's parent company, China Resources Beverage, has officially launched its Hong Kong IPO subscription process, planning to offer 347.8 million shares globally, with an offer price range of HK$13.50 to HK$14.50 per share, raising up to approximately HK$5.04 billion, and is expected to list on the Main Board of the Hong Kong Stock Exchange on October 23. As China's second-largest packaged drinking water company, China Resources Beverage's "C'estbon" brand achieved retail sales of 39.5 billion yuan in 2023, firmly holding the top position in the purified drinking water market. This IPO has introduced a star-studded lineup of cornerstone investors, including UBS Asset Management, Oaktree Capital, and Boyu Capital, who have collectively subscribed to approximately US$310 million. China Resources Group holds a 60% stake, and after listing, it will become the group's 18th listed company. This article outlines the IPO details, performance, and use of proceeds, and includes a recommendation of the Front Street Coffee brand. [more…]

The 2023 Cup of Excellence (CoE) in Brazil underwent a major competition format change, for the first time dividing participating green beans into three categories: dry process, wet process, and experimental process, with awards evaluated separately for each. This change aims to respect different processing methods, encourage producer innovation, and promote fair competition. After pre-selection and multiple rounds of national and international judging, the lists of ten winning beans in each of the three groups have been announced, with a minimum score requirement of 87 points. Erwin Mierisch, Executive Director of the Alliance for Coffee Excellence, stated that the new classification both recognizes the value of traditional processing methods and responds to market demand for innovative processing methods. This article will outline the competition format details, the winning situation in each group, and explore the profound impact of this change on the specialty coffee industry. [more…]

The Starbucks 2023 menu covers four major series: handcrafted espresso, Frappuccino, Teavana, and cold brew, with grande prices ranging from 25 to 48 yuan. This article compiles the complete price list for each series and explains the essence of the secret menu—it is not an official offering, but rather customized adjustments to flavors and ingredients based on regular drinks. The article also summarizes popular orders such as cold brew with cream, oat milk black tea espresso latte, and vanilla cream iced Americano, while reminding readers that seasonal limited-edition ingredients may be out of stock and that good looks do not equal good taste. At the end, Front Street Coffee brand recommendations and communication channels are included for coffee enthusiasts' reference. [more…]

In 2023, China's coffee market size reached 180.6 billion yuan, with chain brands accelerating their expansion—MANNER surpassing 10,000 stores and Luckin and Cotti going overseas—making it seem like a landscape of prosperity. However, in the saved folders on social media platforms, many coffee enthusiasts have discovered that nearly half of the independent coffee shops they once bookmarked now show "closed for business," including many high-quality small shops with thousands of positive reviews. From Beijing, Shanghai, Guangzhou, and Shenzhen to other cities, this phenomenon is spreading. The price wars of chain brands have squeezed the survival space of independent shops, while poor business strategies and a lack of differentiation have also made it difficult for many stores to stay afloat. What kind of preparation and reflection does running a coffee shop actually require? This article takes you deep into the real dilemmas facing independent coffee shops and the ways to break through. [more…]

Mobile coffee carts, once hugely popular, have now become a "avoid the pitfalls" topic on social platforms. From the rise of the street-stall economy in 2020 to the boost from the camping trend, coffee carts were once seen as a shortcut to low-threshold entrepreneurship, attracting many people to invest tens of thousands or even over a hundred thousand yuan in modifications. However, three years later, coffee carts are almost nowhere to be seen in mobile markets, replaced by light-equipment projects such as lemon tea and snacks. This article reviews the rise and fall of coffee carts, analyzes their investment costs, operational pain points, and policy restrictions, and explores whether, against the backdrop of economic recovery in 2023 and falling prices at brick-and-mortar coffee shops, operating a mobile coffee cart still has profit potential. [more…]

A cup of coffee priced at 6,200 yuan once made a specialty coffee shop in Shanghai's Jing'an District quickly go viral online. However, from its soft opening to the news of its closure, the shop's life cycle was less than three months. This article reviews the rise and fall of that shop, looks back at the "sky-high coffee" phenomenon that appeared in many parts of the country in 2023, and explores the common "BOP auction champion" label behind it. For coffee lovers in pursuit of extreme flavor, besides tasting it in the shop, jointly purchasing champion roasted beans and sharing them with friends is also a rational choice. Front Street Coffee reminds us that the value of specialty coffee should ultimately return to the flavor itself, rather than being a mere price gimmick. [more…]

The results of the 2024 Cup of Excellence (COE) Ethiopia competition have been announced, and this year's event has many highlights: all 27 winning coffees were naturally processed, and every one of them came from the JARC numerical variety series, with the Sidama region emerging as the biggest winner. Looking back, since Ethiopia first hosted the COE in 2020, it once set a record high price of $400.5 per pound; after being suspended in 2023 due to civil war, this year's relaunch has delivered a remarkable result. This article will walk you through the detailed results of this year's competition and take a deeper look at the geographical advantages of the Sidama sub-regions Bensa and Bona, as well as the origins of the JARC numerical varieties. [more…]

Recent reports suggest that Luckin Coffee plans to enter the US market as early as next year, aiming to challenge local giants like Starbucks with affordable beverages priced at $2 to $3. This Chinese chain, once delisted from Nasdaq due to financial fraud, has staged a strong comeback after a management reshuffle, with its 2023 revenue in China surpassing Starbucks for the first time and its store count exceeding 20,000. Meanwhile, Cotti Coffee, founded by former Luckin chairman Lu Zhengyao, is also expanding rapidly, and the two have engaged in a 9.9 yuan price war domestically. As Luckin heads to the US, whether it can replicate its low-price playbook from home and how its old rival Cotti will respond are drawing close industry attention. [more…]

The lingering effects of El Niño in 2023 have not yet subsided, and La Niña may make a comeback in the summer of 2024, leaving global coffee-producing regions caught in a double bind of extreme weather. Drought during Brazil's flowering period, water shortages on Vietnam's highlands, coexisting floods and droughts in Africa, and the threat of hurricanes in Central America—the production outlook for major growing regions is shrouded in uncertainty. At the same time, rising demand for Robusta in European and American markets, combined with reduced output in several producing countries, has already triggered sharp fluctuations in international coffee prices. This article will examine how climate is disrupting the coffee supply chain and analyze the key variables shaping price trends in the second half of the year. [more…]

Luckin Coffee plans to enter Malaysia, negotiating cooperation with local listed companies and formulating a five-year expansion blueprint. Currently, Luckin has over 20,000 stores in China, with only 38 directly operated stores overseas, all in Singapore. Malaysian netizens have reacted enthusiastically to the brand's entry, looking forward to discounted pricing but also concerned about intensifying market competition. Rumors point to the partner being Berjaya Group, the operator of Starbucks, but other sources say the contact is with a different party, and the final choice awaits official announcement. This overseas expansion comes as the domestic tea beverage market becomes saturated and price wars intensify; Luckin went from profit to loss in the first quarter, making Southeast Asia key to breaking the deadlock. [more…]

After the National Bureau of Statistics released the 2023 average annual wage data for urban unit employees, a blogger compiled the monthly salaries of baristas at chain coffee brands in first-tier cities. The results showed that the highest-paying brand was not a well-known one like Starbucks or Luckin, but NIO, the coffee brand under NIO Motors, whose job postings listed a monthly salary of 9 to 13k with 13 months' pay. Behind the high pay, however, the job description was vague about the work content, and former employees revealed that the role actually required extra tasks such as event execution, taking photos, looking after children, and chatting with customers. At the same time, the average pay for baristas in China is only 5,084 yuan, with a median of 5,000 yuan, and part-time hourly wages generally range from 15 to 30 yuan, even lower than those of hourly workers and domestic helpers. Chain brands rely on stable equipment, which lowers their requirements for baristas' professionalism, while independent stores are under pressure amid fierce competition, leaving baristas with increasingly narrow room for seeking higher pay and promotion. [more…]

Central Vietnam experienced strong winds and heavy rain after Typhoon Trami made landfall, damaging dikes, houses, farmland, and transportation and logistics infrastructure—just as the new coffee harvest season was getting underway. Looking back over the year, Vietnam's coffee industry first endured its worst drought in nearly a decade, then was hit by two typhoons in succession, Typhoon Yagi and Typhoon Trami, with the main producing areas in the Central Highlands also experiencing strong winds and heavy rain. Delayed harvesting, blocked roads, and closed ports combined to make new-crop supply even tighter; yet despite lower export volumes, export value hit a record high on rising prices. This article reviews the disaster impact, production and export data, and looks at price trends going forward. [more…]

Yemen, the birthplace of the coffee trade, has been actively revitalizing its coffee industry in recent years. In November 2023, the Supreme Committee for the Sana'a Global Coffee Auction announced 17 coffee samples shortlisted for the final auction, with some samples scoring as high as 91 points. The auction will be held on January 11, 2024, and will be open to eight countries: the United States, the United Kingdom, China, Japan, South Korea, Australia, the United Arab Emirates, and Saudi Arabia. Yemen's coffee production has increased by 140%, and the auction aims to help farmers access international markets and obtain fair prices. Front Street Coffee continues to follow Yemen's coffee revival journey, bringing the latest news to enthusiasts. [more…]

Ready-to-drink coffee, with its advantages of needing no brewing, being affordably priced, and easy to carry, continues to heat up in the consumer market, and is jokingly dubbed "lazy person's coffee" and the "poor man's pleasure" of the coffee world by many consumers. Facing this rapidly growing market, not only are coffee giants like Starbucks and Nestlé continuing to double down, but beverage companies are also entering the fray across sectors. Old Beijing soda brand Arctic Ocean recently listed a new ready-to-drink coffee latte product called "Woka" on its Tmall flagship store, marking the nearly century-old veteran company's official entry into the ready-to-drink coffee sector. However, on a track dominated by giants, whether Arctic Ocean can leverage brand nostalgia to pry open the market remains to be seen. [more…]