In its latest report, the International Coffee Organisation (ICO) revealed that all group indicator prices rose in August 2020 for the second consecutive month.
Colombia made history back in February when it officially launched the Coffee Price Stabilization Fund. The fund will aid the country’s smallholders who had been severely impacted by the commodity price collapse over the last few years, but the fund has a broader ambition than just propping up prices when commodity markets are low.
The International Coffee Organisation (ICO) reported that prices for all coffee groups rose in July 2020 following three months of declines, though the largest month-on-month increase occurred for Brazilian Naturals.
In its June green coffee report, the International Coffee Organisation (ICO) announced that prices decreased for the third consecutive month.
In its newest report, the International Coffee Organisation (ICO) announced that while all Arabica groups trended downward in May 2020, the Robusta group indicator rose by 0.9% to 64.53 US cents/lb.
In its newest report, the International Coffee Organisation (ICO) reported that the volatility of all coffee group indicators grew in April 2020.
In March 2020, prices for all Arabica group indicators increased due to concerns over the availability of that type of coffee while Robusta prices fell, according to the International Coffee Organisation’s (ICO) latest report.
The ICO composite indicator rallied in November 2019, reaching a 12-month high, even as the Brazilian Real slumped to a record low against the US Dollar.
Neumann Kaffee Gruppe (NKG), a green coffee service and trading group, has introduced NKG Bloom – a long-term sustainable-sourcing initiative.
The ICO composite indicator fell by 6.7% to 96.07 US cents/lb in August 2019, compared to July 2019.
The monthly average of the ICO composite indicator rose by 3% to 103.01 US cents/lb in July 2019, which is the highest monthly average since November 2018.
Jeffrey D. Sachs proposed to create a Global Coffee Fund to finance sustainability of the sector at the recent Second World Forum of Coffee Producers.