Coffee Market Report September 2016 - Market ends 2015/16 in deficit for the second consecutive year

14 October 2016

The coffee market settled up by 5.5% in September, mostly driven by a steady increase in Robusta prices supported by concerns over future supply. This brings coffee year 2015/16 to an end, and we have revised our production estimate up to 148 million bags. With world consumption revised slightly lower to 151.3 million bags, this gives a global deficit of 3.3 million bags. This revision is part of an in-depth review of the statistical data published by the ICO, following the discussions during the 117th Session of the Council held in London in September 2016. This process is beginning immediately and results will be published as they become available.

Read the Coffee Market Report on our blog>>

ICO Indicator prices
(US cents/lb)  05/12/2019
  change
ICO Composite 114.32 +2.3%
Colombian Milds 156.61 +1.4%
Other Milds 152.37 +2.2%
Brazilian Naturals 121.39 +2.7%
Robustas 73.27 +2.4%

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1 October is #InternationalCoffeeDay

Every year on 1 October, the world comes together to celebrate coffee and recognise the millions of people across the globe - from farmers, to roasters, baristas, coffee shop owners and more  - who work hard to create and serve the beverage we all love.

This year we're on a collective mission to help coffee farmers around the world receive a fair, living income. But to do it we need your help, find out more at: International Coffee Day


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