coffee prices May

Coffee prices fall in May while volatility subsides

The International Coffee Organization (ICO) composite indicator decreased by 4.1 per cent to an average of 104.45 US cents per pound in May 2020. This marks the second consecutive month of decrease. The daily price of the ICO composite indicator reached a high of 107.29 US cents per pound on 11 May, and then declined over the next two weeks reaching a low of 98.68 US cents per pound on 29 May. Expectations of a larger output from Brazil’s 2020/21 crop, the harvesting of which is underway, and ongoing bearish expectations for demand put downward pressure on prices in May.
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SCA Price Crisis Response findings

SCA Price Crisis Response initiative shares its findings

The Specialty Coffee Association (SCA) has published a summary of work by its Price Crisis Response (PCR) Initiative, first commissioned in December 2018. Aimed at understanding and addressing the price crisis affecting coffee farmers and threatening the supply chain, the project focused on identifying interventions with the most potential for long-term, systemic change, rather than a short-term fix.
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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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Arabica coffee prices availability

Arabica prices rise in March due to concerns over availability

According to the International Coffee Organization (ICO) March 2020 Coffee Market Report, prices for all Arabica group indicators increased due to concerns over the availability of that type of coffee. Brazilian Naturals increased by 10 per cent to 112.87 US cents per pound, Other Milds by 9.5 per cent to 148.33 US cents per pound, and Colombian Milds by 8.6 per cent to 158.99 US cents per pound.
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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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International coffee prices

International coffee prices rally to 12-month high

November 2019 marked the first time in the last 12 months that international coffee prices consistently stayed over 100 US cents per pound, according to the International Coffee Organization (ICO) Composite Indicator. The monthly average of the indicator rose 10.1 per cent to 107.23 US cents per pound amid expectations of a global deficit in coffee year 2019/20, estimated at 502,000 bags.
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