Coffee Market Report February 2015: Coffee Slumps to One-Year Low Despite Global Deficit Forecast

2 March 2015

February saw the downward trend in the coffee market over the last few months continue. The ICO composite daily price dropped to a low of just under $1.30, more than 50 cents less than its most recent peak of 185.09 in October 2014. Despite this downward pressure on prices, world production is expected to come to 142 million bags in crop year 2014/15, 4.6 million less than 2013/14 and its lowest level in three years. This puts the coffee market into a deficit for the current year, although stocks in exporting countries have so far allowed exports to continue at a strong pace. Read the February 2015 Coffee Market Report on our blog>>

ICO Indicator prices
(US cents/lb)  08/12/2017
  change
ICO Composite 113.63 +0.1%
Colombian Milds 140.65 -0.3%
Other Milds 136.63 -0.3%
Brazilian Naturals 120.34 0.0%
Robustas 88.23 +0.7%

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