Coffee Market Report January 2016 - Robusta prices fall to five and a half year low
8 February 2016
The coffee market dropped to a two-year low in January, primarily driven by falling Robusta prices. Exports for the first quarter of coffee year 2015/16 were 2.6% higher than last year on 26.9 million bags, with minimal supply concerns at this time. Conab have released their first estimate of coffee production in Brazil for the upcoming crop year 2016/17, which is provisionally expected to recover to the record volumes of 2012/13 and 2013/14, following two years of lower output. This may also be putting downward pressure on prices.
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|ICO Indicator prices
(US cents/lb) 20/02/2018
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