Coffee Market Report October 2016 - Robusta shortfall drives coffee market to 21-month high
10 November 2016
Coffee prices rose significantly in October, with support coming from continuing concerns over Robusta supply. The monthly average of the ICO composite indicator hit a 21-month high of 142.68 US cents/lb, with the Robusta indicator at its highest level in two years. The market has also been buoyed by speculation over the next 2017/18 Brazilian crop, although it is too early to draw any conclusions at this point. Finally, total exports ended 2015/16 down by 0.7%, with an increase in Arabica outweighed by lower shipments of Robusta.
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|ICO Indicator prices
(US cents/lb) 18/10/2018
1 October is #InternationalCoffeeDay.
This year we have chosen a very special theme for this year’s celebrations: ‘Women in Coffee’. Women play as important a role in the whole of the coffee chain as men, from planting the seeds to processing to trading to brewing… and drinking it. To find out more visit the dedicated International Coffee Day website.
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ICO Coffee Library
The ICO has a unique Library containing an international reference collection, built up over 40 years of more than 13,000 monographs (books, reports, theses, pamphlets) and over 200 periodical titles covering all aspects of coffee.