Coffee Market Report April 2016 - Exports remain steady as market diverges
Arabica and Robusta prices went in opposite directions this month, with Arabica prices dropping back down after March’s rally, while Robusta increased to the highest monthly average since November. Total exports in the first half of coffee year 2015/16 are estimated up by 1.6% to 55.5 million bags, showing that the coffee market continues to be well supplied, although concerns linger over Robusta availability.
Read the latest Coffee Market Report on our blog>>
Register now for #TheCoffeeSessions: Taste, Aroma & Flavour in Sensory Performance
The Speciality Coffee Association of Europe UK Chapter (SCAE-UK) and the ICO are pleased to present what promises to be a fascinating evening of investigation into the mechanisms of taste and smell. The event will take place on Thursday, 19 May, 2016 from 6:30 PM to 9:00 PM at the ICO's conference centre in London.
Register now on Eventbrite>>
Coffee Trade Statistics - March 2016
• World coffee exports amounted to 10.39 million bags in March 2016, compared with 10.28 million in March 2015.
• Exports in the first six months of coffee year 2015/16 (Oct/15 to Mar/16) have increased by 1.6% in comparison with the first six months of the last coffee year.
• In the twelve months ending March 2016, exports of Arabica totalled 71.07 million bags compared to 68.66 million bags last year; whereas Robusta exports amounted to 41.74 million bags compared to 45.03 million bags. Read more about global coffee trade for the month of March 2016.>>
ICO calls on global coffee community to support earthquake victims in Ecuador
The Executive Director of the International Coffee Organization wishes to convey his sincere condolences to the Government of Ecuador and its people following the devastation left behind by the earthquake that hit the country on 16 April 2016. Hundreds of people have died and thousands remain injured in the six affected provinces.
Read more and find a donation link on our blog>>
Videos from the 4th World Coffee Conference now available on Youtube
In March 2016, the coffee community from Africa and around the world gathered in the Ethiopian capital for two days of engaging debate at the 4th World Coffee Conference, hosted by the Government of Ethiopia. Videos of the event are now available to stream on YouTube.
Click here to view the videos on our blog>>
Coffee Market Report March 2016 - Coffee market rallies to 5-month high
Coffee prices strengthened significantly over the course of March 2016, despite faltering slightly towards the end of the month. Although somewhat attributable to market fundamentals, coffee was mostly swept up in a broader commodities cycle, with similar movements observed in other agricultural markets. Exports have maintained their high volumes, with total shipments so far this coffee year up 2% compared to 2014/15. However, speculation over potential supply concerns, particularly in Robusta, is mounting.
Read the latest Coffee Market Report on our blog>>
Mr Alexandre Beltrão, ICO’s longest serving Executive Director, dies at age 92
The Executive Director presents his compliments and wishes to convey the sad news that Mr Alexandre Fontana Beltrão, Executive Director of the ICO from 1 April 1968 to 30 September 1994, passed away on 4 April 2016 in Rio de Janeiro.
Read the announcement and Mr Beltrão's 1994 farewell statement on our blog>>
Coffee Trade Statistics - February 2016
World coffee exports amounted to 9.21 million bags in February 2016, compared with 9.05 million in February 2015. Exports in the first five months of coffee year 2015/16 (Oct/15 to Feb/16) have increased by 2.0% in comparison with the first five months of the last coffee year. In the twelve months ending February 2016, exports of Arabica totalled 70.98 million bags compared to 68.59 million bags last year; whereas Robusta exports amounted to 41.86 million bags compared to 45.80 million bags.
Find more facts and figures in our #CoffeeTradeStats infographic>>
Decisions and resolutions adopted at the 116th Session of the International Coffee Council
The International Coffee Council, chaired by H.E. Mr Iván Romero Martínez, met in Addis Ababa, Ethiopia from 9 to 11 March 2016. The Chairman thanked the Ethiopian Government for hosting both the 4th World Coffee Conference and the 116th Session of the International Coffee Council. The Chair also welcomed the Organization’s newest Members: the Democratic Republic of the Congo and Peru represented by Mr Faustin Lokinda, and H.E. Mr Claudio de la Puente, respectively. He welcomed the Ministers and Ambassadors who had travelled to Addis Ababa to attend the Council Session including H.E. Mr Mauro Luiz Iecker Vieira, Minister of Foreign Affairs of Brazil, who also addressed the Council.
Read the full report on the decisions and resolutions adopted at the meetings>>
|ICO Indicator prices
(US cents/lb) 30/05/2016
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.