Indonesia
OFI joins partnership to promote sustainable Indonesian coffee production
USAID has launched a new project to promote sustainable coffee and cocoa production in Indonesia with the Indonesian government, The Hershey Company, Rikolto, and PT. Olam Indonesia.
Nescafé Plan 2030 Progress Report published
Nescafé has published its first Nescafé Plan 2030 Progress Report (pdf, 12Mb), conducted in partnership with the Rainforest Alliance, from 2018 to 2022.
Expat.Roasters releases its CSR report for 2022
Expat.Roasters has announced the release of its Corporate Social Responsibility (CSR) report, highlighting its achievements and progress made throughout 2022.
World Coffee Research releases new Robusta variety catalogue
Robusta farmers have a new open-access resource at their fingertips—World Coffee Research’s (WCR) Robusta Variety Catalog, which is available in English and Spanish, and profiles 47 robusta varieties.
April coffee prices rise on the heels of decreasing exports
In its latest report, the ICO stated that the I-CIP expanded to 178.57 US cents/lb in April 2023, supported by decreasing exports.
Green tea makes global share gains
The global green tea market continues to trend in a positive direction, with signs of further development. The evidence supporting green tea’s improved status can be seen in areas of production, exports, and consumption in major domestic markets. By Jason Walker
ICO reports reduced exports for current coffee year drove up prices in February
Reduced exports for current coffee year drive the ICO’s I-CIP up 11.4% in February 2023.
Coffee prices end 2022 on a stable note
The ICO reported that coffee prices close 2022 securely, coalescing at around 160 US cents/lb.
Despite a 12.3% setback in November, coffee prices stabilised
Although all average prices for all coffee groups fell in November, the I-CIP remained firm posting a median value of 156.83 US cents/lb.
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.
Study reveals Fairtrade-certified organisations fared better through the pandemic
A new report published by Fairtrade International has confirmed that access to better prices, credit, and financial stability significantly increased the resilience of Fairtrade-certified organisations amid the COVID-19 pandemic.
Arabica prices slip while Robustas record an uptick in final month of CY 2021/2022
ICO’s I-CIP remains range bound since March 2022, averaging 197.13 US cents/lb for the seven months ending in September.
Papua New Guinea creates new Minister for Coffee post
Papa New Guinea announced the creation of the Minister for Coffee role to help the industry grow, with a focus on international exports.
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.