What's New

Monthly Coffee Market Report - August 2014: Coffee Market Remains Volatile But Lacks Direction

Prices fluctuated significantly during August, with the ICO composite indicator dropping by 10 cents before jumping back up another 12 cents by the end of the month. Given the lack of new fundamental information, this volatility has been attributed mostly to fund and speculator activity in the market. The New York futures market exceeded $2/lb, hitting its highest daily level since early May, while Robustas on the London market ended the month down 1.5 cents. Inventories in importing countries have also jumped over the last few months, with higher levels in both the EU and USA. Read the full report on our blog>>

Photo: ICO Visit to UNFCCC Headquarters

ICO Head of Operations Mauricio Galindo met with Christiana Figueres, Executive Secretary of the UNFCCC, and Hortensia Solis, to discuss coffee and climate change issues. Photo on our blog>>

ICO Executive Director Visits Mexico, Calls for More Public-Private Cooperation

ICO's Executive Director, Robério Oliveira Silva, travelled to Mexico in August 2014 at the invitation of Ms. Luz María Osuna, President of the Latin American Summit on Coffee, and Dr. Félix Martínez Cabrera, President of the National Association of the Coffee Industry (ANACAFE Mexico). Mr. Silva was in Mexico to attend ANACAFE’s annual meeting and participate in the 2014 Latin American Summit on Coffee. Details on our blog>>

Trade Statistics - July 2014

ICO Coffee Trade Statistics for the month of July 2014:

• World coffee exports amounted to 9.73 million bags in July 2014, compared with 9.38 million bags in July 2013.
• Exports in first ten months of coffee year 2013/14 (Oct/13 to Jul/14) have fallen by 2% in comparison with the first ten months of the last coffee year.
• In the twelve months ending July 2014, exports of Arabica totalled 69.67 million bags compared to 69.25 million bags last year; whereas Robusta exports amounted to 39.99 million bags compared to 42.35 million bags.

Note: ICO monthly trade statistics are based on available data at time of publication. For historical data, please submit an information request to the ICO Library at library@ico.org. For public data on the global trade of coffee, visit the Statistics page on our website>>

September 2014 Schedule of Meetings Now Available

Visit the ICO Documents section to find the schedule and related documents for the 113th Session of the International Coffee Council and other ICO bodies to take place from 22-26 September 2014. Click here>>

See previous news

Coffee Leaf Rust outbreak

The current epidemic of coffee leaf rust affecting all countries of the region with a 53% incidence is the worst seen since this pest appeared in Central America in 1976.

More information

ICO Indicator prices
(US cents/lb)  18/09/2014
ICO Composite 155.63 -1.3%
Colombian Milds 198.80 -1.2%
Other Milds 202.08 -1.5%
Brazilian Naturals 173.43 -1.5%
Robustas 98.55 -0.6%

4th Consultative Forum on Coffee Sector Finance

The 4th Consultative Forum will be held in London on 23 September 2014. The event is open to ICO Members, civil society, financial institutions, development professionals, and other actors in the coffee industry. Details>>

the ICO Blog

New ICO Studies & Reports

 Coffeeline database

ICO online database of coffee-related material. COFFEELINE