Brazil
Robustas made the biggest gains in August, up 9.2%
The ICO reports that low Arabica certified stocks and high volatility add pressure on the I-CIP, closing August at 208.37 US cents/lb.
I-CIP rebounds to over 200 US cents/lb for the first time since February
The ICO Composite Indicator Price (I-CIP) gained 4.5% from May to June 2022, averaging 202.46 US cents/lb for the latter. Estimated total production in coffee year 2021-22 remains unchanged at 167.2 million bags, while world coffee consumption is still projected to grow by 3.3% to 170.3 million 60-kg bags in 2021-22.
BSCA promotes specialty coffees from Brazil at Helsinki Coffee Festival
In partnership with the Brazilian Embassy in Helsinki and ApexBrasil, the Brazil Specialty Coffee Association promoted Brazilian specialty coffees at the biggest coffee festival in the Nordic countries.
New e-commerce marketplace gives buyers direct access to Brazilian micro lots
A marketplace for coffees vetted by Cup of Excellence National Jurists has launched for buyers in the US, Canada and the UK.
Blending, roasting & processing, Business, Origins, Product news
Coffee prices rally in April 2021
The ICO reports that coffee prices improved in April 2021.
Coffee prices rise but fall towards end of March
According to the ICO’s latest report, coffee prices rose slightly – up 0.8% – in March versus February, confirming an upward trend over the last five months, representing the highest monthly average since coffee year 2017-18.
Lavazza reaffirms sustainability commitment with La Reserva de iTIERRA! relaunch
Lavazza is reaffirming its commitment to sustainable production and coffee farmer welfare with the relaunch of its premium range of sustainable, quality blends for coffee professionals.
Equipment & packaging, Origins, Product news, Sustainability
ICO composite indicator increases for the 4th consecutive month
The International Coffee Organisation announced that in February 2021, the ICO composite indicator continued its upward trend.
Dunkin’ continues commitments to coffee sustainability in 2021
Dunkin’ has shared some of the latest ways it is continuing its commitment to coffee sustainability in 2021, furthering ongoing efforts to make a meaningful difference in the lives and livelihoods of coffee farmers and producers.
Arabica prices rise in January while Robusta falls
The ICO announced that Arabica prices rose in January, while Robusta prices decreased and stocks for both grew.
Nescafé to improve more lives through the power of coffee
Nestlé has pledged to increase its sustainability efforts in relation to the Nescafé brand, with just one of the goals being to make Nescafé coffee 100% responsibly sourced by 2025.
Arabica prices rise in December per ICO’s latest report
According to the International Coffee Organisation’s latest report, prices for Arabica group indicators grew in December 2020, with the largest increase occurring for Brazilian Naturals.
November coffee prices rise on concerns over 2021 production
The ICO’s November green coffee report reveals that world coffee production in coffee year 2019-20 decreased although production exceeded global consumption as world coffee demand decreased.
Specialty coffee from Venda Nova do Imigrante wins Cup of Excellence for first time
At just 20 years of age, coffee producer Luiz Ricardo Bozzi Pimenta de Sousa has been declared the winner of the Cup of Excellence – Brazil 2020.