coffee prices
ICO reports that Arabica prices rose in March while Robusta fell
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.
Coffee prices decline further in February
In February 2020, the International Coffee Organisation (ICO) composite indicator continued its downward trend, averaging 102 US cents/lb, 4.6% lower than in January.
ICO Report November: Coffee market rallies to a 12-month high
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 creates NKG Bloom to aid coffee families
Neumann Kaffee Gruppe (NKG), a green coffee service and trading group, has introduced NKG Bloom – a long-term sustainable-sourcing initiative.
ICO Report August: Supply surplus weighs on global coffee prices
The ICO composite indicator fell by 6.7% to 96.07 US cents/lb in August 2019, compared to July 2019.
ICO July: Global coffee prices drifted downwards during July
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.
Global Coffee Fund proposed to finance stability of the sector
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.
ICO June: Sustained growth in global prices
The monthly average of the ICO composite indicator rose by 7.1% to 99.97 US cents/lb in June 2019, which is the first increase in the monthly average since January 2019
ICO May: Despite upturn at the end, global coffee prices remain low
In May 2019, the monthly average of the ICO composite indicator fell to 93.33 US cents/lb in May 2019, 1.2% lower than in April 2019.
Coffee prices fall to new low this season
Coffee prices reach new low for 2018/19 as March exports decline.
ICO reports composite indicator lowest since 2006
In March 2019, the ICO composite indicator fell by 3.1% to 97.50 US cents/lb, which is the lowest monthly average since October 2006 when the price was 95.53 US cents/lb.
Brands and retailers announce commitments to Fair Trade and sustainable coffee
Fair Trade USA, in collaboration with the Sustainable Coffee Challenge, has announced a group of joint commitments with major partners deeply committed to sustainable coffee sourcing and improved farmer livelihoods.
SCA hosts first Spanish-language webinar
The SCA Sustainability Center is hosting a fourth webinar with the Farmer Profitability and Prosperity working group – it will be the first SCA webinar completely in Spanish.
Coffee Year 2018-19 expected to be the second year of surplus
According to the International Coffee Organisation’s latest coffee market report, coffee year 2018-19 is expected to be the second consecutive season of surplus