Mexico
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.
Nescafé launches soluble cold coffee
Nescafé is launching Ice Roast, the brand’s first ever soluble coffee designed especially for consumption with cold water or milk, over ice.
Coffee prices stabilised in January, with a slight decrease
Amid fluctuations and a slight price drop, the I-CIP picked up in January.
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.
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.
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.
Nestlé invests $340million in new Nescafé coffee factory in Mexico
The plant will create 1,200 new jobs in the region and makes Mexico Nestlé’s main coffee producer globally.
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.
Sponsored: To caffeine or not to caffeine…
Descamex highlights its main goal of offering a great tasting decaf coffee.
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.
Phenolaeis launches new instant coffee with palm fruit extract
Palm fruit extract adds cognitive, cardiovascular and sports nutrition support to coffee while enhancing and smoothing the flavour, according to Phenolaeis.
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.