Coffee prices climb to a 4-month high but subsequently fall in view of a well-supplied market

12 September 2017

The ICO composite indicator rallied briefly to above 135 US cents/lb but quickly fell back to the level of June. This comes as cumulative exports in the current coffee year remain at very high levels, up 5.9% year on year, leading to higher inventories in importing countries. The outlook for the 2017/18 crop in Vietnam and the 2018/19 crop in Brazil is largely positive.
Read the latest Coffee Market Report>>

ICO Indicator prices
(US cents/lb)  08/12/2017
  change
ICO Composite 113.63 +0.1%
Colombian Milds 140.65 -0.3%
Other Milds 136.63 -0.3%
Brazilian Naturals 120.34 0.0%
Robustas 88.23 +0.7%

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