News from the Executive Director
| Ratification of the International Coffee Agreement 2007 – Rwanda |
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The Government of Rwanda deposited an instrument of ratification on 17 May 2012. Depositary notification
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| Monthly Coffee Market Report - April 2012 |
The downward corrections that have characterized Arabica prices since the beginning of the year
impacted the ICO indicator price for Robustas in April. Despite this fall, Robusta price levels remain firm
since average prices for the first four months of 2012 are still above those recorded during the last quarter
of 2011.
More
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| 19th International Café de Santos Seminar |
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The 19th International Café de Santos Seminar took place in Guarujá, Brazil on 9 and 10 May 2012. The Executive Director, Mr Robério Silva made a presentation on behalf of the ICO. Presentation
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| ICO Submission to G-20 Summit, Mexico |
The Executive Director of the ICO, Mr Robério Oliveira Silva, met the Ambassador of Mexico, H.E. Mr. Eduardo Medina Mora on 3 May 2012 to hand over the ICO submission to the G-20 Summit which will take place in Los Cabos, Mexico on 18 and 19 June 2012. The submission highlights the importance of addressing risks associated with trading coffee and other commodities, and will be delivered to the President of Mexico.
ICO submission l Photos
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| Trade Statistics - March 2012 |
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World coffee exports amounted to 9.88 million bags in March 2012, compared with 10.59 million in March 2011. Exports in the first 6 months of coffee year 2011/12 (Oct/11 to Mar/12) have decreased by 2.3% to 51.7 million bags compared to 52.9 million bags in the same period in the last coffee year. In the twelve months ending March 2012, exports of Arabica totalled 64.7 million bags compared to 67.3 million bags last year; whereas Robusta exports amounted to 38.6 million bags compared to 34 million bags. More
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