Coffee Market Report September 2015 - Coffee year 2014/15 ends with prices at 20-month low
12 October 2015
The coffee market slumped further in September, following a slight rally in August, with the weakness of the Brazilian real and Colombian peso again proving the most influential factor, along with a general bearish trend across commodities. Conab released their third estimate of coffee production in Brazil in crop year 2015/16, which was reduced by over 2 million bags to 42.1 million bags, but this had little effect on the market. Looking ahead, as we go into coffee year 2015/16, it will be important to keep an eye on weather patterns, particularly given the ongoing dryness in Central America, and the potential impact of El Niņo in coffee growing regions.
Read the full Coffee Market Report on our blog>>
|ICO Indicator prices
(US cents/lb) 08/12/2017
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