Coffee Market Report June 2016 - Coffee consumption increases as market hits 14-month high

12 July 2016

Prices rallied significantly in June, as the Brazilian real strengthened against the US dollar and the 2016/17 Brazilian crop entered its potential frost season. The monthly average of the ICO composite indicator price reached a 14-month high of 127.05 cents/lb, up 6% on May, with export volumes in May also slowing for the second consecutive month. Global coffee consumption continues to increase, albeit at a slightly slower rate, with the most dynamic demand recorded in Asia & Oceania.

Read the June 2016 Coffee Market Report>>

ICO Indicator prices
(US cents/lb)  21/06/2017
  change
ICO Composite 120.07 -1.0%
Colombian Milds 142.57 -1.6%
Other Milds 139.16 -1.5%
Brazilian Naturals 119.41 -1.5%
Robustas 102.65 +0.1%

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