Arabica Group Prices Fall in May While Volatility Subsides

1 June 2020

The ICO composite indicator decreased by 4.1% to an average of 104.45 US cents/lb in May 2020, which is the second consecutive month of decrease. While all Arabica groups trended downward in May 2020, the Robusta group indicator rose by 0.9% to 64.53 US cents/lb. The volatility of the ICO composite indicator decreased by 2.9 percentage points to 7.7% over the past month. In April 2020, world exports reached 10.82 million bags, 3.1% lower than the 11.17 million bags exported in April 2019. Global shipments in the first seven months of coffee year 2019/20 fell by 3.8% to 72.78 million bags. Exports from Africa increased by 7% to 7.66 million and from Asia & Oceania rose by 0.6% to 23.62 million bags in October 2019 to April 2020. During the same period, shipments from Central America & Mexico declined by 4.9% to 8.77 million bags and from South America by 8.6% to 32.74 million bags.
Find out more in the ICO's latest Coffee Market Report>>

ICO Indicator prices
(US cents/lb)  2/2/2023
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%

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