Coffee Market Report July 2016 - Market consolidates price rises but Robusta supply still a concern
The ICO composite indicator rose to a 17-month high in July, although the market struggled to hold on to its early gains. Coffee exports have slowed in the last couple of months, as the new Brazilian crop has not yet come to market, but consumer stocks remain relatively well supplied. Furthermore, Conab released its survey of domestic private stocks as at the end of March 2016 as being just 5.4% lower than the previous year, down from 14.4 million to 13.6 million bags.
Read the July 2016 Coffee Market Report>>
6th Consultative Forum on Coffee Sector Finance to take place on 21 September 2016
Challenges such as price volatility, decreased farm yields and profitability, climate change, food safety, and social and environmental concerns among others, pose threats to the industry as a whole. Are farmers bearing the brunt of the costs to address these issues? What can be done to evenly distribute value and responsibility across the coffee value chain?
Register for the 6th Consultative Forum on Coffee Sector Finance>>
Coffee Trade Statistics - June 2016
World coffee exports amounted to 9.03 million bags in June 2016, compared with 10.17 million in June 2015. Exports in the first nine months of coffee year 2015/16 (Oct/15 to Jun/16) have increased by 0.2% in comparison with the first nine months of the last coffee year. In the twelve months ending June 2016, exports of Arabica totalled 71.16 million bags compared to 68.41 million bags last year; whereas Robusta exports amounted to 41.69 million bags compared to 45.07 million bags. Find more facts and figures in our #CoffeeTradeStats infographic>>
1 October is International Coffee Day. How will your company or organization celebrate?
On 1 October 2016, the 77 Member States of the International Coffee Organization (ICO) and dozens of coffee associations from around the globe will come together to celebrate the second annual International Coffee Day. Plan an event or campaign and submit your event details to be featured on the official ICD 2016 website.
Visit the ICO blog to learn more>>
Coffee Market Report June 2016 - Coffee consumption increases as market hits 14-month high
Prices rallied significantly in June, as the Brazilian real strengthened against the US dollar and the 2016/17 Brazilian crop entered its potential frost season. The monthly average of the ICO composite indicator price reached a 14-month high of 127.05 cents/lb, up 6% on May, with export volumes in May also slowing for the second consecutive month. Global coffee consumption continues to increase, albeit at a slightly slower rate, with the most dynamic demand recorded in Asia & Oceania.
Read the June 2016 Coffee Market Report>>
Coffee Trade Statistics - May 2016
World coffee exports amounted to 9.32 million bags in May 2016, compared with 9.99 million in May 2015. Exports in the first eight months of coffee year 2015/16 (Oct/15 to May/16) have increased by 1.6% in comparison with the first eight months of the last coffee year. In the twelve months ending May 2016, exports of Arabica totalled 71.53 million bags compared to 68.42 million bags last year; whereas Robusta exports amounted to 42.35 million bags compared to 44.48 million bags.
Find more facts and figures in our #CoffeeTradeStats infographic>>
Videos of The Coffee Sessions event with Emma Sage and Simon Gane are now available online
Emma Sage, Coffee Science Manager at the Specialty Coffee Association of America (SCAA), and Dr Simon Gane, surgeon and leading researcher into the science and mechanism of olfaction, visited the ICO in May 2016 and spoke about the science behind taste and smell. Video recordings of their presentations are now available online.
Visit #TheCoffeeSessions page to watch the videos>>
IARC review concludes coffee is not carcinogenic
The International Agency for Research on Cancer (IARC) has published its review into the scientific evidence related to coffee and cancer, announcing that it has classified coffee in Group 3 for agents ‘not classifiable as to carcinogenicity to humans’.
Announcement on the website of the Institute for Scientific Information on Coffee (ISIC)>>
|ICO Indicator prices
(US cents/lb) 25/08/2016
4th World Coffee Conference
The coffee community from Africa and around the world gathered in Addis Ababa for two days of engaging debate at the 4th World Coffee Conference, hosted by the Government of Ethiopia.
View and download materials from the Conference>>
Latest ICO Studies & Reports
• Coffee in the Russian Federation (18 August 2015)
• Coffee in China (Published 10 August 2015)
• The impact of the price of oil and the US dollar exchange rate on coffee prices (Published 26 August 2015)
• Sustainability of the Coffee Sector in Africa (Published 26 August 2015)
ICO Coffee Library
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.