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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Han Tran

2016 Vietnam Barista Champion Han Tran makes tracks

There are two traditional types of barista in Vietnam according to Han Tran: those that work in street vendors selling roadside coffee that’s “dark, dense, and bitter Robusta” or in male-dominated cafés that are attracted more to the female baristas than the overpriced beverage in front of them.  When Han told her parents she wanted to pursue a career in coffee, naturally, she says, you can imagine their disapproving reaction.  “They were against it,” she says. “Barista work had a bad reputation because of the stereotypes. A barista was not considered a profession in Vietnam. It was not respected. My parents were worried for my safety and that I would not earn a secure income.”
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