Robustas hit a 25-year high, averaging 135.47 US cents/lb in December 2023Robustas grew 10.5% to 135.47 US cents/lb, the highest level since May 1995, while rising tensions in the Red Sea have led some shipping lines to re-route their coffee-carrying vessels as well as add new surcharges. Business, Origins
Coffee prices remain stable averaging above 160 US cents/lb in November 2023The International Coffee Organization Composite Indicator Price averaged 161.53 US cents/lb in November, a 6.3% increase from October 2023. Business, Origins, Sustainability
Arabicas drop slightly while Robustas remain firmly above 120.00 US cents/lbThe ICO reports that Arabicas drop while Robustas remain above 120.00 US cents/lb in September; world economies and rising costs of living expected to impact consumption. Business, Origins
Coffee prices stabilised in January, with a slight decreaseAmid fluctuations and a slight price drop, the I-CIP picked up in January. Business, Origins, Sustainability