How Are You Celebrating International Coffee Day?
On 1 October 2015, coffee lovers from all over the globe will come together to celebrate the first official International Coffee Day. The ICO will launch a dedicated website for the annual event. Let us know how you’re celebrating by submitting your event or campaign details to be featured on the official website.
Visit the ICO Blog for details>>
Coffee Trade Statistics - July 2015
• World coffee exports amounted to 9.59 million bags in July 2015, compared with 9.95 million bags in July 2014.
• Exports in the first ten months of coffee year 2014/15 (Oct/14 to July/15) have fallen by 2.8% in comparison with the first ten months of the last coffee year.
• In the twelve months ending July 2015, exports of Arabica totalled 68.29 million bags compared to 69.98 million bags last year; whereas Robusta exports amounted to 43.31 million bags compared to 43.90 million bags.
More facts and figures about the coffee trade in our #CoffeeTradeStats infographic>>
Coffee Market Report July 2015 - Coffee Prices Fall to 18-Month Low as Supply Concerns Fade
The coffee market registered further decreases in July with prices reacting to the depreciation in the Brazilian exchange rate, which dropped to a 12-year low against the US dollar. Concerns over production in Brazil have largely subsided, although some recent domestic reports have reiterated that the crop could still be feeling the effect of last year’s drought. This could potentially result in a smaller bean size, which would reduce overall output.
Read the full market report on the ICO Blog>>
Coffee Trade Statistics - June 2015
Update: The following text was amended on 03 August to correct a calculation error in figures for total exports and exports of Arabica.
• World coffee exports amounted to 9.69 million bags in June 2015, compared with 10.02 million bags in June 2014.
• Exports in the first nine months of coffee year 2014/15 (Oct/14 to June/15) have fallen by 4.3% in comparison with the first nine months of the last coffee year.
• In the twelve months ending June 2015, exports of Arabica totalled 67.31 million bags compared to 69.34 million bags last year; whereas Robusta exports amounted to 43.12 million bags compared to 44.66 million bags.
More facts and figures about the coffee trade in our #CoffeeTradeStats infograph>>
Ecuadorian Ambassador Visits the ICO
The new Permanent Representative of Ecuador to the ICO, H.E. Ambassador Carlos Abad Ortiz, paid a courtesy visit to the ICO on 24 July 2015 to meet with Mr Robério Oliveira Silva, Executive Director at ICO.
Japan Returns as a Member of the International Coffee Organization
The Executive Director is pleased to announce the return of Japan as a Member of the International Coffee Organization. The Japanese Government deposited the instrument of accession on 23 July 2015. Japan becomes the 8th importing Member of the ICO and joins the European Union, Norway, the Russian Federation, Switzerland, Tunisia, Turkey, and the United States of America in that category. Learn more on our blog>>
Colombia Completed Membership Procedures of the International Coffee Agreement 2007
The Executive Director is pleased to announce that the Colombian Ambassador, His Excellency Mr Néstor Osorio, deposited an instrument of ratification this afternoon, 22 July 2015. Accordingly, Colombia has now completed membership procedures of the ICA 2007.
Learn more on the ICO Blog>>
ICO's Executive Director Delivers a Speech at the 2015 International Coffee Convention in Mexico
Mr Robério Oliveira Silva, Executive Director of the ICO, delivered a speech at the 2015 International Coffee Convention in Mexico City this month. The event was hosted by the Mexican Government through the Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA).
Watch the video on the ICO Blog>>
Colombia to Host the International Women’s Coffee Alliance Convention in October
The Colombian National Federation of Coffee Growers and the International Women’s Coffee Alliance (IWCA) invite you to attend the IV IWCA Convention, Coffee & Trade Beyond Barriers in Bogota, Colombia, on 15 and 16 October.
Learn more about the event on the ICO Blog>>
First Official International Coffee Day to Take Place on 1 October 2015
London, 14 July 2015 — The Executive Director of the International Coffee Organization (ICO), Mr Robério Oliveira Silva, has announced that 74 Member States of the ICO and 26 coffee associations from around the world have joined forces to celebrate the first official International Coffee Day on 1 October 2015.
Read the media advisory on our blog>>
Coffee Market Report June 2015 - Lower Coffee Exports Lend Support to Robusta Prices
The coffee market rallied slightly in June, led in most part by a recovery in Robusta prices. For the sixth month in a row exports were lower than last year, yet the market seems to have no immediate supply concerns, particularly as recent reports suggest an optimistic view of coffee production. The continued weakness of the Brazilian real is also affecting prices, with the new 2015/16 crop expected to come to market in the near future. Nevertheless, in the longer term, the low prices recorded over the last quarter, though not yet reaching crisis levels, will not encourage investment in the sector, and could result in reduced supply as producers withdraw from the market.
Read the full report on our blog>>
|ICO Indicator prices
(US cents/lb) 02/09/2015
5th Consultative Forum on #CoffeeSectorFinance
The 5th Consultative Forum was held in London on 3 March 2015.The Forum promoted an exchange of views on ‘How to effectively structure a project in order to obtain financing’. Details>>
Latest ICO Studies & Reports
- Sustainability of the Coffee Sector in Africa (Published 23 February 2015)
- Factors to Achieve a Balanced Market (Published 8 September 2014)
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. Learn more>>
Dear Coffeeline user,
Our virtual Library is going through some extensive changes in order to improve our services for our users worldwide and therefore it will be unavailable until later in the summer. In the meantime you are invited to send an email to Library@ico.org should you need any help.