Coffee Market Report June 2015 - Lower coffee exports lend support to Robusta prices
9 July 2015
The coffee market rallied slightly in June, led in most part by a recovery in Robusta prices. For the sixth month in a row exports were lower than last year, yet the market seems to have no immediate supply concerns, particularly as recent reports suggest an optimistic view of coffee production. The continued weakness of the Brazilian real is also affecting prices, with the new 2015/16 crop expected to come to market in the near future. Nevertheless, in the longer term, the low prices recorded over the last quarter, though not yet reaching crisis levels, will not encourage investment in the sector, and could result in reduced supply as producers withdraw from the market.
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|ICO Indicator prices
(US cents/lb) 11/12/2017
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