International Coffee Organisation

august coffee prices

Supply surplus weighs on August coffee prices

According to the International Coffee Organization (ICO) August 2019 market report, the ICO composite indicator of August coffee prices hit 96.07 US cents per pound, a 6.7 per cent drop form July 2019. This marks a 13.6 per cent drop from the start of the coffee year, October 2018, at 111.21 US cents per pound.
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coffee prices

International coffee prices slide in February

According to the International Coffee Organization (ICO) February 2019 market report, the ICO composite indicator fell by 0.9 per cent to 100.67 US cents per pound, similar to levels in December 2018. This is slightly higher than the lowest monthly average of 100.61 US cents per pound reached in coffee year 2018/19 for December 2018. However, it is 27.5 per cent below the 10-year average of 138.84 US cents per pound.
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coffee prices

ICO reports sharp decline in coffee prices in December

The International Coffee Organization (ICO) has revealed that coffee prices declined 8.2 per cent in December 2018. In its 2018 market report, the ICO composite price indicator fell from 109.59 US cents (about $1.53) per pound in November to 100.61 US cents per pound in December. The daily price fell as low as 97.59 US cents per pound on 18 December.
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ICO honours women on International Coffee Day

The International Coffee Organization (ICO) has chosen the theme of ‘Women in Coffee’ for International Coffee Day (ICD) 2018. “The idea for the 2018 campaign goes beyond paying homage to women,” the ICO says on the ICD website. “We want to highlight the need for equity and equality in the coffee sector, from bean to cup, and that can only be achieved by empowering women to the benefit of the whole coffee sector.”
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United States withdraws from International Coffee Agreement

The International Coffee Organization (ICO) has announced that the Government of the United States is withdrawing from the International Coffee Agreement 2007, an international commodity agreement between coffee producing and consuming countries, whose objective is to strengthen the global coffee sector and promote its sustainable expansion.
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