Coffee Market Report February 2016 - World coffee consumption increases but prices still low
4 March 2016
The coffee market stabilised slightly in February, but prices remain at very low levels. A lack of news regarding fundamentals with expectations of a large 2016/17 crop in Brazil have kept prices from maintaining any significant rally. Inventories in importing countries have been well replenished, giving a buffer against any immediate supply concerns. Finally, our initial estimate of world consumption in 2015 suggests a steady increase to 152.1 million bags, up from 150.3 million in 2014.
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(US cents/lb) 08/12/2017
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