Meeting of the CFC and International Commodity Bodies

30 March 2009

The Executive Director, Mr NÚstor Osorio, attended the 16th meeting of the Common Fund for Commodities (CFC) and International Commodity Bodies (ICBs) held in Beijing on 30 and 31 March 2009. The meeting was chaired by the CFC Managing Director, H.E. Mr Ali Mchumo, and Ms Coosje Hoogendoorn, Director General of the International Network for Bamboo and Rattan (INBAR). It was attended by Executive Directors and senior representatives of leading commodity organizations, including Coffee, Cocoa, Cotton, Jute, Lead and Zinc, Nickel, Olive, Rubber, Sugar and Tropical Timber, as well as representatives of the EC, the FAO and UNCTAD. Participants discussed the future role of the CFC and expectations of ICBs in the context of the changing economic environment, the implementation of the CFC Five-Year Action Plan and future cooperation between the CFC and ICBs. The Co-Chair of the INBAR Board of Trustees, Ms Jiang Zehui, and the CFC Managing Director made statements to the meeting. A policy workshop on the advantages and disadvantages of certification for commodities subsequently took place on 2 April at which the Executive Director presented a paper giving an overview of certification schemes for coffee. A statement urging the G20 to develop a global action plan to assist commodity dependent countries signed by the CFC Managing Director and heads of ICBs was issued at the end of the meeting.

statement060409.pdf Further Information (PDF File)
ICO Indicator prices
(US cents/lb)  11/12/2017
  change
ICO Composite 111.48 -1.9%
Colombian Milds 137.87 -2.0%
Other Milds 134.23 -1.8%
Brazilian Naturals 117.38 -2.5%
Robustas 87.05 -1.3%

Press Release 

Click here


 

International Coffee Day 2016 Logo

1 October is #InternationalCoffeeDay.

Thank you for celebrating International Coffee Day with us this year. Watch out for more details about plans for ICD 2018.

 

 Image result for ICO consultative forum

7th Consultative Forum on Coffee Sector Finance

The 7th Forum took place in Yamoussoukro on 27 September 2017. Learn more>>


Latest ICO Studies & Reports

Value addition in the African coffee sector (Published September 2017)

• 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.
Learn more>>