• Coffee Trade Statistics July 2010: World coffee exports amounted to 8.26 million bags in July 2010, compared with 7.85 million in July 2009. Exports in the first 10 months of coffee year 2009/10 (Oct/09 to Jul/10) have decreased by 5.2% to 78.45 million bags compared to 82.74 million bags in the same period in the last coffee year. In the twelve months ending July 2010, exports of Arabica totalled 60 million bags compared to 63.3 million bags last year; whereas Robusta exports amounted to 33.2 million bags compared to 35.1 million bags.  Coffee trade statistics
  
  
• Brazil – new permanent representative to the ICO: The Minister for External Relations in Brazil has appointed a new Permanent Representative of Brazil to the ICO, Ambassador Marcos Vinícius Pinta Gama, with the intention of enhancing the participation of Brazil in the activities of the Organization.  H.E. Mr Pinta Gama presented his credentials to the Executive Director of the ICO on 27 August 2010, accompanied by Minister Counsellor Flávio Marega of the Brazilian Embassy, and reaffirmed that Brazil was committed to the successful conclusion of the ratification process for the International Coffee Agreement 2007 and  the work of the ICO in the world coffee economy.  Photo
  

• The ICO Green and Processed Coffee Trade Statistics for 2004 to 2009 are now available on CD-Rom.  They include data on exports, imports and re-exports of green, roasted and soluble coffee by origin and destination.  Copies are being sent to ICO Members and regular subscribers by post. For information on subscribing to ICO statistics and publications, please contact library@ico.org.
  
  

• Ratification of the International Coffee Agreement 2007 -  Central African Republic: The Government of the Central African Republic deposited an instrument of ratification on 24 August 2010. Depositary notification 

• Coffee market report from the Executive Director:  Prices recorded further increases in July with the monthly average of the ICO composite indicator price at 153.41 US cents per lb compared with 142.20 in June. This continued price firmness is confirmed by the behaviour of the futures markets, particularly in the case of the monthly average of the 2nd and 3rd positions in the New York futures market (ICE), which rose from 152.36 US cents per lb in June to 165.23 in July, the highest level recorded since 1997. In the case of the London futures market (NYSE Liffe), the monthly average of the 2nd and 3rd positions was 78.17 US cents per lb compared with 69.72 in June. The differentials between Arabicas and Robustas widened further. Coffee market report July 2010
  

See previous news