Robusta prices increase to five and a half year high
9 February 2017
In January, the coffee market recovered from the fall in prices which was recorded towards the end of last year. While a price increase could be observed across all groups, it was most notable for Robusta. Exports for the first quarter of coffee year 2016/17 were 8.3% higher than last year at 29.8 million bags. Conab has released its first estimates of coffee production in Brazil for the upcoming crop year 2017/18, projecting a reduction of around 10% in crop compared to the current year. Large export volumes and the high levels of stocks in consuming countries seem likely to put pressure on price levels. Read the latest Coffee Market Report>>
|ICO Indicator prices
(US cents/lb) 11/12/2017
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7th Consultative Forum on Coffee Sector Finance
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