Uganda
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.
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.
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.
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 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.
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.
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.
ICO reports that August marks the second consecutive monthly rise in coffee prices
In its latest report, the International Coffee Organisation (ICO) revealed that all group indicator prices rose in August 2020 for the second consecutive month.
ICO reports coffee prices fall for the third consecutive month
In its June green coffee report, the International Coffee Organisation (ICO) announced that prices decreased for the third consecutive month.