Coffee Market Report August
2 September 2020
August marks the second consecutive monthly rise in coffee prices
The average of the ICO composite indicator in August rose by 10.7% to 114.78 US cents/lb. All group indicator prices rose in August 2020 for the second consecutive month with the largest increase occurring for Brazilian Naturals. In July 2020, world coffee exports fell by 11% to 10.61 million bags compared to July 2019, and Other Milds recorded the largest decrease. In the first ten months of coffee year 2019/20, global exports reached 106.59 million bags, 5.3% lower than the same period in 2018/19. World coffee production is estimated at 169.34 million bags in 2019/20, 2.2% lower than last year while global consumption is estimated to rise by 0.3% to 168.39 million bags in 2019/20. As a result, there is an estimated surplus of 952,000 bags.
Further Information (PDF File)
| ICO Indicator prices (US cents/lb) 2/2/2023 |
||
| change | ||
| ICO Composite | 172.50 | +0.6% |
| Colombian Milds | 237.34 | +0.6% |
| Other Milds | 226.26 | +1.4% |
| Brazilian Naturals | 192.86 | +0.6% |
| Robustas | 102.00 | -0.3% |
Press Releases
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1 October is #InternationalCoffeeDay
Every year on 1 October, the world comes together to celebrate coffee and recognise the millions of people across the globe - from farmers, to roasters, baristas, coffee shop owners and more - who work hard to create and serve the beverage we all love.
This year we're on a collective mission to help coffee farmers around the world receive a fair, living income. But to do it we need your help, find out more at: International Coffee Day
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The ICO has a unique Library containing an international reference collection, built up over 40 years of more than 13,000 monographs (books, reports, theses, pamphlets) and over 200 periodical titles covering all aspects of coffee.
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