Coffee prices slip but prices exceed 2021 calendar year average
The ICO reports that average prices for all coffee group indicators decreased in October 2022.
Rewriting the carbon story
As awareness continues to grow about the importance of reducing carbon emission, one solution minimising carbon footprints and mitigating the risk of climate change is regenerative agriculture.
The UK’s biggest celebration of coffee is back
Hundreds of coffee shops across the country join together this week to raise funds for coffee growing communities.
Blending, roasting & processing, Business, Origins, Sustainability
Ally Coffee to open an office in Australia & expand operations in Oceania & Asia
Ally Coffee to open a new office in Melbourne, Australia and expand sales and logistics operations to Oceania & Asia.
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.
Coffee prices fall back below 200 US cents/lb in July 2022
The ICO Composite Indicator Price (I-CIP) was down 5.7% from June to July 2022, averaging 190.82 US cents/lb for the latter.
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.
Reviewing Africa’s green coffee trends
Although there have been fluctuations, production in most of Africa’s key coffee-producing countries has remained relatively stable, even during the pandemic.
Africa’s contribution to global tea production escalates
Africa is home to thirteen tea-producing countries and their tea production is an essential part of the global tea economy, and in fact, represents the biggest share of the world’s tea exports.
ITC introduces Farm to Home initiative
The International Trade Centre (ITC) has created a new business model where the profits of coffee farmers are put first.
Coffee prices rally in April 2021
The ICO reports that coffee prices improved in April 2021.
Caffè Corsini presents new coffees as part of “Compagnia dell’Arabica” whole-bean line
Caffè Corsini’s new product line represents single origin varieties from Ethiopia, Papua New Guinea and Hawaii.
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.
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.