Coffee market ends 2016/17 coffee year in deficit for the third consecutive year

12 October 2017

The ICO composite indicator continued its downward trend that started
at the end of August, averaging 124.45 US cents/lb. 

Prices for all groups fell in September, though Robusta saw the largest decline of 5.1% compared to August. 

This brings coffee year 2016/17 to an end, and global production is estimated at 153.9 million bags, a 1.5% increase on 2015/16. 
With world consumption at 155.1 million bags, this gives a global deficitof 1.2 million bags.  
Read the latest Coffee Market Report>>

ICO Indicator prices
(US cents/lb)  07/12/2017
  change
ICO Composite 113.52 -1.8%
Colombian Milds 141.03 -2.0%
Other Milds 136.98 -2.1%
Brazilian Naturals 120.35 -2.3%
Robustas 87.64 -1.0%

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International Coffee Day 2016 Logo

1 October is #InternationalCoffeeDay.

Thank you for celebrating International Coffee Day with us this year. Watch out for more details about plans for ICD 2018.

 

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