coffee prices December

Coffee prices rise in December

The International Coffee Organization (ICO) composite indicator increased in December by 4.6 per cent to 114.74 US cents per pound, as prices for Arabica group indicators increased.
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Supply demand April coffee prices

Supply and demand uncertainty balance out in April coffee prices

According to the International Coffee Organization (ICO) April 2020 Coffee Market Report, concerns over supply chain disruptions are being weighed against uncertainty over future demand in the unprecedented situation of COVID-19. Because of this, the ICO composite indicator only decreased by 0.1 per cent to 108.91 US cents per pound in April.
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Coffee market prices

Coffee market prices continue to climb in December

According to the International Coffee Organization (ICO) December 2019 Coffee Market Report, prices for all Arabica indicators rose in December, while Robusta prices decreased 0.1 per cent to 73.22 US cents per pound. The ICO composite indicator continued to rise in December 2019, ranging between 111.80 and 123.69 US cents per pound. The lowest point was still higher than any of the monthly averages in the previous 18 months.
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coffee crisis

Coffee in crisis: Australia’s response to low coffee prices

Coffee prices are at their lowest in more than a decade. Australian industry leaders tell BeanScene how this affects their relationships with farmers, the local market, and the future of coffee. Where will the coffee industry be in 50 years? A hopeful barista might tell you that coffee will resemble wine, with their role like that of a sommelier, recommending premium coffees from a select reserve list. Another could warn you of the perils of climate change, putting 50 per cent of coffee producing land at risk. But what if we faced an industry in which producers focus solely on volume and cherries are picked by machine?
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What roasters can do to combat coffee prices

Flavour fights futures: How Zest Specialty Coffee combats coffee prices

Zest Specialty Coffee’s Darren Stinson on what roasters can do to soften the impact of the low C-market and support the ongoing investment of quality coffee production. It’s important to constantly re-evaluate your vision, to sit at the drawing board again and again until your direction aligns to benefit the entire supply chain. It’s something we at Zest Specialty Coffee, as a small to medium-scale specialty roaster, have no objection in doing to ensure our direction benefits the entire supply chain, the most vulnerable and most important members of our industry – the producers.
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Rumble Coffee

Rumble Coffee Roasters keeps things clear

Rumble Coffee Roasters is passionate about creating a sustainable supply chain and giving producers the credit they deserve. To achieve this, Rumble Coffee Roaster Director Joe Molloy believes it’s not just important to educate the barista serving its coffee, but the industry as a whole, from farmer to consumer. “I don’t think the industry is sustainable the way it is and we need to start talking about these things,” Joe says. “Coffee is too cheap. The coffee price is the lowest it’s been in decades. You can buy lots of cheap coffee, but it’s not a sustainable move for us [the roaster] or the industry as a whole. We’d like coffee drinkers to be happy to pay more for a cup of coffee [and understand why].”
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