The International Coffee Organization (ICO) composite indicator fell by 5.2 per cent to an average of 99.05 US cents per pound in June 2020, the third consecutive month of decrease.
This is the first time since October 2019 that the ICO composite indicator has fallen below 100 US cents per pound. The daily price of the ICO composite indicator spent more than half of the month below that benchmark, ranging between a low of 96.79 US cents per pound on 25 June and 101.27 US cents per pound on 8 June.
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