Coffee Market Report November 2014: Rains in Brazil Dampen Market Spirits
11 December 2014
Coffee prices slipped back in November, as widespread rains in Brazil curtailed any further price rises. All group indicators decreased, although this was less noticeable in the case of Robusta. According to Conab, production of Arabica in Brazil will be six million bags lower in 2014/15 compared to 2013/14; some of this deficit may be covered by the continued recovery in Colombia and improved management of coffee leaf rust in Central America, but the gap will not be totally offset. In terms of Robusta production, there have been mixed reports for Vietnam in 2014/15, but a decrease is expected in Indonesia based on recent export volumes. A preliminary estimate of world coffee production in crop year 2014/15 suggests total supply of around 141 million bags. Read the full Coffee Market Report>>
|ICO Indicator prices
(US cents/lb) 22/02/2018
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7th Consultative Forum on Coffee Sector Finance
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