robusta
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.
Black Sheep Coffee opens in The Sidings at Waterloo
Earlier this month Black Sheep Coffee opened its 70th location in experience-led The Sidings at Waterloo.
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.
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.
Nguyen Coffee Supply launches ready-to-drink Vietnamese coffee line
The company focuses on robusta coffee, which boasts farming practices that are more sustainable and utilize fewer pesticides.
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.