Coffee Market Report July 2016 - Market consolidates price rises but Robusta supply still a concern
12 August 2016
The ICO composite indicator rose to a 17-month high in July, although the market struggled to hold on to its early gains. Coffee exports have slowed in the last couple of months, as the new Brazilian crop has not yet come to market, but consumer stocks remain relatively well supplied. Furthermore, Conab released its survey of domestic private stocks as at the end of March 2016 as being just 5.4% lower than the previous year, down from 14.4 million to 13.6 million bags.
Read the July 2016 Coffee Market Report>>
|ICO Indicator prices
(US cents/lb) 21/02/2017
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