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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Coffee Year 2019/20

Coffee Year 2019/20 ends in surplus

Global coffee production in 2019/20 is estimated at 169.34 million bags, 2.2 per cent lower than last year, according to the International Coffee Organization (ICO) September Coffee Market Report.
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coffee prices

Coffee prices fall again in January after two-month rise

According to the International Coffee Organization (ICO) January 2020 Coffee Market Report, coffee prices fell again in January following a two-month rise. The ICO composite indicator reversed its gains from December 2019, averaging 106.89 US cents per pound. The daily price of the ICO composite ranged between 99.78 US cents per pound on 29 January and 115.18 US cents per pound on 2 January.
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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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