Monthly Coffee Market Report May 2014
9 June 2014
After five consecutive months of rising prices, the coffee market reversed lower in May. From a high of 179 cents/lb in April, the daily price of the ICO composite indicator fell to a low of 153 cents by the end of May. Conab have lowered their estimate of the 2014/15 Brazilian crop by around 4 million bags to 44.57 million due to the effects of the drought, which would represent a second successive year of lower production. However, reports from other market analysts, including the USDA, suggest that the damage might not be as serious, with estimates of around 50 million bags, further adding to the bearish sentiment this month. Read the report>>
|ICO Indicator prices
(US cents/lb) 18/05/2018
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.
7th Consultative Forum on Coffee Sector Finance
The 7th Forum took place in Yamoussoukro on 27 September 2017. Learn more>>
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ICO Coffee Library
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