The Executive Director, Mr. Néstor Osorio, was a speaker at a seminar

15 February 2005

The Executive Director, Mr. Néstor Osorio, was a speaker at a seminar entitled “Coffee – new challenges and opportunities” held at the Ministry of Foreign Affairs in Brasilia on 15 February 2005. The seminar was organized jointly by the Brazilian Government and Congress, at the initiative of Deputy Carlos Melles, President of the Foreign Affairs Commission of the Chamber of Deputies. In his statement, Mr. Osorio briefly reviewed the development of the world coffee market over the last 25 years and noted that the market was now beginning to show real signs of recovery following four years of crisis in terms of low producer prices. However, he pointed out that a period of higher prices should not be seen as a green light to plant more coffee. Rather, quality and promotion should take priority to create extra consumption.

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Other Milds 128.10 -0.5%
Brazilian Naturals 107.00 -0.5%
Robustas 82.47 -0.7%

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