arabica
ICO reports coffee prices recover in July after first falling
For the I-CIP and Arabicas prices, July was a month of two halves: losses followed by recoveries, while Robustas once again performed the best, recording a small decline.
World Coffee Research publishes its first Robusta Variety Catalog
As the coffee industry looks for solutions to meet the growing challenges of the climate crisis, World Coffee Research (WCR) has taken an important step by publishing its first Robusta Variety Catalog to help Robusta farmers make informed decisions about varieties.
Robusta prices hit a 28-year in June
The ICO reports that Robustas reached a 28-year high in June amid further narrowing of the Arabica-Robusta differentials.
ICE Commodity Traceability Service created to help coffee industry with EU Deforestation Regulation
ICE Benchmark Administration plans to launch ICE Commodity Traceability Service to assist coffee and cocoa industries comply with EU Deforestation Regulation.
NKG acquires majority stake in the Nordic Approach Group
Green coffee service group, NKG, further expands its worldwide network with the acquisition of the Nordic Approach Group.
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.
The 34th Specialty Coffee Expo Attendance Exceeds 11,500
The SCA’s 2023 Specialty Coffee Expo hits nearly 12,000 attendees and crowns six new US Coffee Champions in Portland, Oregon.
Blending, roasting & processing, Business, Origins, Product news, Sustainability
As consumption continues to rise, the ICO expects another year of supply deficit
With global green bean exports falling 20.23% to 7.94 million bags in February, the ICO sees another year of supply deficit, with a shortfall of 7.3 million bags for CY 2022/23.
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 stabilised in January, with a slight decrease
Amid fluctuations and a slight price drop, the I-CIP picked up in January.
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.