What's New

The Executive Director of the ICO meets high-level representatives

Mr José Sette, Executive Director of the International Coffee Organization, took office on 1 May 2017. Since then, he has been paying courtesy visits to the following high-level representatives to discuss the challenges facing the coffee sector globally and specifically with reference to their countries. In these contacts, he has been taking the opportunity to discuss their suggestions for the work programme and strategic planning of the Organization.

• Ambassador of Ecuador, H.E. Mr Carlos Abad Ortiz
• Ambassador of Honduras, H.E. Mr Iván Romero-Martínez
• Ambassador of Colombia, H.E. Mr Néstor Osorio
• Ambassador of Bolivia, H.E. Mr Roberto Calzadilla Sarmiento
• Ambassador of Indonesia, H.E. Dr Rizal Sukma
• Ambassador of Mexico, H.E. Mr Julián Ventura
• Ambassador of Ethiopia, H.E. Mr Hailemichael Afework Aberra
• Ambassador of Vietnam, H.E. Mr Nguyen Van Thao
• Ambassador of Switzerland, H.E. Mr Dominik Furgler
• Permanent Representative to the ICO, Switzerland, Mr Conradin Rasi
• Ambassador of Guatemala, H.E. Mr Acisclo Valladares Molina
• Ambassador of the Russian Federation, H.E. Mr Alexander Yakovenko
• Permanent Representative to the ICO, Côte d’Ivoire, Mr Aly Touré
• First Counsellor (Economic/Agricultural Affairs), Italy, Mr Dante Brandi
• Overseas Representative, Papua New Guinea, Mr Michael Wheeler
• Permanent Representative to the ICO, Democratic Republic of the Congo, Mr Corneille Tabalo
• Ambassador of El Salvador, H.E. Mrs Elisabeth Hayek-Weinmann
• Ambassador of Panama, H.E. Mr. Daniel Fábrega
• Ambassador of Japan, H.E. Mr. Koji Tsuruoka

In addition to that, whilst attending the launch of the Global Adaptation Plan in Geneva, he visited the Director General of the World Trade Organization, Mr Roberto Azevędo, and the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), Dr Mukhisa Kituyi, to discuss possible opportunities for collaboration.
Read more on the ICO blog>>

Downward correction as funds respond to increasingly positive supply outlook

Coffee prices fell sharply at the end of April as institutional investors sold off their positions. The coffee market continues to be well supplied as total exports in the first half of coffee year 2016/17 are estimated up by 4.8% to 60 million bags. In absence of fundamental news, the outlook for the 2017/18 crop is generally positive but some uncertainties remain.
Read the latest Coffee Market Report>>

Coffee Trade Statistics - March 2017

• World coffee exports amounted to 10.72 million bags in March 2017, compared with 10.94 million in March 2016.
• Exports in the first 6 months of coffee year 2016/17 (Oct/16 to Mar/17) have increased by 4.8% to 60.08 million bags compared to 57.34 million bags in the same period in the last coffee year.
• In the 12 months ending March 2017, exports of Arabica totalled 73.6 million bags compared to 71.87 million bags last year; whereas Robusta exports amounted to 45.27 million bags compared to 43.53 million bags.
Find more facts and figures about Coffee Trade Statistics>>

5th Edition of FESTICOFFEE

The Cocoa and Coffee Inter-professional Council of Cameroon (CICC) invited the Acting Executive Director, Dr Denis Seudieu, to participate at the 5th Edition of FESTICOFFEE, a ‘grand Public’ Festival of African Coffee that took place in Yaoundé, Cameroon, from 20 to 22 April 2017. The Festival was opened by H.E. Mr Luc Magloire Mbarga Antangana, Minister of Commerce. The aim of the event was to promote the coffee industry in Africa. It was marked by the participation of VICOFA, the Coffee Sector authority of Vietnam.
More>>

ICO Internship Programme Spring/Summer 2017 ─ now accepting applications

London, 12 April 2017 ─ The International Coffee Organization (ICO) is now accepting applications for its Spring/Summer 2017 Internship Programme at its office based in London..
More>>

Market weakens further due to high exports and increasing inventory levels

In March, the ICO composite indicator price fell slightly. While Robustas remained broadly stable, Arabica prices were under pressure. Despite the poor Conilon/Robusta harvest in Brazil and Vietnam, the market remained well supplied as export levels in the period October 2016 to February 2017 were higher than the year before, while inventories in importing countries continued to grow. In combination with an increasingly positive outlook for the 2017/18 crop, the market currently lacks any strong signals to reverse from its current gradual decline.
Read the latest Coffee Market Report>>

New ICO Headquarters

The International Coffee Organization is now located at the following address: 222 Gray’s Inn Road, London WC1X 8HB. Telephone and email addresses remain unchanged.

Coffee Trade Statistics - February 2017

• World coffee exports amounted to 9.71 million bags in February 2017, compared with 9.69 million in February 2016.
• Exports in the first 5 months of coffee year 2016/17 (Oct/16 to Feb/17) have increased by 6.7% to 49.52 million bags compared to 46.4 million bags in the same period in the last coffee year.
• In the twelve months ending February 2017, exports of Arabica totalled 73.76 million bags compared to 71.51 million bags last year; whereas Robusta exports amounted to 45.5 million bags compared to 43.24 million bags. .
Find more facts and figures about Coffee Trade Statistics>>

New ICO Executive Director

At its 119th Session in London, the International Coffee Council appointed Mr José Dauster Sette of Brazil as the new Executive Director of the ICO for a five-year term.
Press Release>>

Nepal joins the International Coffee Organization

On 17 March the representative of the Ministry of Agricultural Development of Nepal deposited an instrument of accession.
DN-132/17/ICA 2007>>

Market turns down slightly as supply concerns ease

ICO indicator prices fell slightly across all groups but the decline was most pronounced for Robustas. The controversy concerning the need for Brazil to import Robusta to alleviate supply shortages in Brazil continued when an envisaged import quota was suspended. Meanwhile increasing inventory levels and a favourable outlook for the 2017/18 crop, especially in Brazil somewhat eased supply concerns. Finally, our initial estimate of the value of world coffee exports shows an increase of almost 6% for 2015/16 compared to the year before.
Read the latest Coffee Market Report>>

Coffee Trade Statistics - January 2017

World coffee exports amounted to 9.84 million bags in January 2017, compared with 9.22 million in January 2016. Exports in the first 4 months of coffee year 2016/17 (Oct/16 to Jan/17) have increased by 8.9% to 39.98 million bags compared to 36.71 million bags in the same period in the last coffee year. In the twelve months ending January 2017, exports of Arabica totalled 74.04 million bags compared to 70.88 million bags last year; whereas Robusta exports amounted to 45.37 million bags compared to 43.25 million bags.
Find more facts and figures about Coffee Trade Statistics>>

15th AFCA Conference and Exhibition

The Acting Manager of the ICO, Mr David Moorhouse was invited to address the 15th Africa Fine Coffees Conference and Exhibition of the African Fine Coffees Association which took place in Addis Ababa, Ethiopia, from 15 to 17 February 2017. The Conference was opened by his H.E Mr Mulatu Teshome Wirtu, President of the Federal Republic of Ethiopia.
Click here for more information>>

Mr Christoph Saenger, Senior Economist at the ICO, gave a lecture at Queen Mary University in London

Within the cooperative framework between the ICO and Academia, on 6 February 2017, Mr Christoph Saenger, Senior Economist at the ICO, presented a lecture to a group of graduate students at Queen Mary University in London. In his presentation which was part of a PhD winter school, he covered the political economy of coffee production as well as current issues in the industry.
Click here for more information>>

Robusta prices increase to five and a half year high

In January, the coffee market recovered from the fall in prices which was recorded towards the end of last year. While a price increase could be observed across all groups, it was most notable for Robusta. Exports for the first quarter of coffee year 2016/17 were 8.3% higher than last year at 29.8 million bags. Conab has released its first estimates of coffee production in Brazil for the upcoming crop year 2017/18, projecting a reduction of around 10% in crop compared to the current year. Large export volumes and the high levels of stocks in consuming countries seem likely to put pressure on price levels.
Read the latest Coffee Market Report>>

Coffee Trade Statistics - December 2016

World coffee exports amounted to 10.17 million bags in December 2016, compared with 9.5 million in December 2015. Exports in the first 3 months of coffee year 2016/17 (Oct/16 to Dec/16) have increased by 8.3% to 29.77 million bags compared to 27.49 million bags in the same period in the last coffee year. In the twelve months ending December 2016, exports of Arabica totalled 73.26 million bags compared to 70.69 million bags last year; whereas Robusta exports amounted to 45.16 million bags compared to 43.23 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Coffee production to remain stable despite Arabica/Robusta divergence

An initial estimate of global coffee production in 2016/17 suggests that the world total will remain relatively stable, up 0.1% to 151.6 million bags. Arabica production is potentially set for a record level of 93.5 million bags with bumper crops expected from Brazil, Colombia and Honduras. Prospects for Robusta supply, on the other hand, are less positive, with lower crops expected from most major origins. Prices on the futures markets have reflected these developments recently, with Robusta prices generally showing support and Arabica under pressure, leading to a narrowing in the arbitrage between the two.
Read the latest Coffee Market Report>>

Coffee Trade Statistics - November 2016

World coffee exports amounted to 9.94 million bags in November 2016, compared with 8.74 million in November 2015. Exports in the first 2 months of coffee year 2016/17 (Oct/16 and Nov/16) have increased by 8.5% to 19.52 million bags compared to 18 million bags in the same period in the last coffee year. In the twelve months ending November 2016, exports of Arabica totalled 72.53 million bags compared to 69.89 million bags last year; whereas Robusta exports amounted to 45.06 million bags compared to 43.72 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Mr Robério Oliveira Silva, Executive Director of the ICO, passes away at age 53

The International Coffee Organization announces, with great sadness, the passing of the Executive Director, Mr Robério Oliveira Silva, on 30 December 2016 in Belo Horizonte, Brazil. Mr Silva’s dedication to the coffee community was exceptional and he will be deeply missed. Our thoughts and condolences are with his family at this sad time.

Papua New Guinea has completed membership procedures for the ICO

The Executive Director of the International Coffee Organization (ICO), Mr Robério Oliveira Silva, announced today, 16 December 2016, that Papua New Guinea has completed membership procedures for the ICO under the International Coffee Agreement (ICA) 2007. Learn more>>

Coffee Market Report November 2016 - Downward correction in market as supply prospects improve

The recent rally in coffee prices underwent a notable reversal in November 2016, attributed to improved weather prospects in Brazil and Vietnam and a concurrent depreciation in the Brazilian real. This has reduced concerns over future supply, although the market has been in deficit for the last couple of years and prospects for Robusta production are still less than optimal. Nevertheless, current availability of coffee remains sufficient, with total exports of 112.4 million bags over the last 12 months.
Read the latest Coffee Market Report>>

Coffee Trade Statistics - October 2016

World coffee exports amounted to 9.13 million bags in October 2016, a fall of 1.9% compared with 9.31 million bags in October 2015. In the twelve months ending October 2016, exports of Arabica totalled 71.93 million bags compared to 69.21 million bags last year; whereas Robusta exports amounted to 40.46 million bags compared to 43.81 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Coffee Market Report October 2016 - Robusta shortfall drives coffee market to 21-month high

Coffee prices rose significantly in October, with support coming from continuing concerns over Robusta supply. The monthly average of the ICO composite indicator hit a 21-month high of 142.68 US cents/lb, with the Robusta indicator at its highest level in two years. The market has also been buoyed by speculation over the next 2017/18 Brazilian crop, although it is too early to draw any conclusions at this point. Finally, total exports ended 2015/16 down by 0.7%, with an increase in Arabica outweighed by lower shipments of Robusta.
Read the latest Coffee Market Report on our blog>>

New ICO study: Assessing the economic sustainability of coffee growing

New research by the ICO shows that coffee farmers in selected countries are operating at a loss and that coffee growing is becoming less profitable over time. This new study assesses the cost structure of coffee production in selected countries (Brazil, Colombia, Costa Rica, and El Salvador), and derives recommendations on how to improve the economic viability of coffee production. Read highlights from the study on our blog>>

ICO’s Executive Director delivers opening remarks at the Sustainable Coffee Event in Indonesia

The Executive Director of the International Coffee Organization, Mr Robério Oliveira Silva, visited Indonesia to speak at the Sustainable Coffee Event organized by the Indonesian Association of Coffee Exporters (GAEKI) and the Sustainable Coffee Platform Indonesia (SCOPI) as part of the Trade Expo Indonesia (TEI) from 12-16 October 2016.
Read the Executive Director's remarks on our blog>>

Coffee Market Report September 2016 - Market ends 2015/16 in deficit for the second consecutive year

The coffee market settled up by 5.5% in September, mostly driven by a steady increase in Robusta prices supported by concerns over future supply. This brings coffee year 2015/16 to an end, and we have revised our production estimate up to 148 million bags. With world consumption revised slightly lower to 151.3 million bags, this gives a global deficit of 3.3 million bags. This revision is part of an in-depth review of the statistical data published by the ICO, following the discussions during the 117th Session of the Council held in London in September 2016. This process is beginning immediately and results will be published as they become available.
Read the Coffee Market Report on our blog>>

Coffee Trade Statistics - August 2016

World coffee exports amounted to 9.76 million bags in August 2016, compared with 8.91 million in August 2015. Exports in the first eleven months of coffee year 2015/16 (Oct/15 to Aug/16) have decreased by 1% in comparison with the first eleven months of the last coffee year. In the twelve months ending August 2016, exports of Arabica totalled 70.96 million bags compared to 68.51 million bags last year; whereas Robusta exports amounted to 40.68 million bags compared to 44.45 million bags.
Find more facts and figures in our #CoffeeTradeStats infographic>>

International Coffee Day is coming on 1 October. Find an event near you!

International Coffee Day is coming on 1 October! There are dozens of events and promotions happening at coffee spots around the world. How will you celebrate?
Visit the official International Coffee Day website>>

Experts warn farmers face dangerously low profits - 6th Consultative Forum on Coffee Sector Finance

The 77 Member Governments of the International Coffee Organization (ICO) hosted the 6th Consultative Forum on Coffee Sector Finance on Wednesday, 21 September 2016, at the ICO’s headquarters in London. The Colombian Federation of Coffee Growers co-sponsored the event.
Learn more on our blog>>

Coffee Market Report August 2016 - Monthly exports hit lowest level in nearly five years

Export volumes in July were 22% lower compared to last year, as all four of the top producers registered lower shipments, due to a variety of factors. This represents the lowest monthly volume since October 2011, nearly five years ago. Prices in August slipped by 1.5%, although Robustas continued their strong recent performance to reach a 16 month high.
Read the August 2016 Coffee Market Report>>

Coffee Trade Statistics - July 2016

World coffee exports amounted to 7.75 million bags in July 2016, compared with 9.93 million in July 2015. Exports in the first ten months of coffee year 2015/16 (Oct/15 to Jul/16) have decreased by 1.7% in comparison with the first ten months of the last coffee year. In the twelve months ending July 2016, exports of Arabica totalled 70.3 million bags compared to 68.51 million bags last year; whereas Robusta exports amounted to 40.82 million bags compared to 44.88 million bags.
Find more facts and figures in our #CoffeeTradeStats infographic>>

Register now for #TheCoffeeSessions: Macro & Micro Variables in Coffee Roasting

Join the Speciality Coffee Association of Europe UK Chapter (SCAE-UK) and the International Coffee Organization (ICO) for an evening of coffee roasting science and experimentation. In the second #TheCoffeeSessions event of 2016, we’re joined by Talor Browne and Dr Chahan Yeretzian.
Learn more and register>>

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>>

See previous news
ICO Indicator prices
(US cents/lb)  24/05/2017
  change
ICO Composite 122.23 -1.0%
Colombian Milds 149.12 -0.6%
Other Milds 146.48 -0.6%
Brazilian Naturals 128.14 -1.0%
Robustas 95.10 -1.5%

International Coffee Day 2016 Logo

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 6th Consultative Forum on Coffee Sector Finance logo

6th Consultative Forum on Coffee Sector Finance

The 6th Forum took place in London on 21 September 2016. Learn more>>


Latest ICO Studies & Reports

• Assessing the economic sustainability of coffee growing (Published September 2016)

Coffee in the Russian Federation (Published August 2015)

Coffee in China (Published August 2015)

The impact of the price of oil and the US dollar exchange rate on coffee prices (Published August 2015)

Sustainability of the Coffee Sector in Africa (Published 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.
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