Coffee market price ends 2017 at 21-month low

9 January 2018

The ICO composite indicator price averaged 114 US cents/lb in December 2017, down 2.8% from November 2017. Prices for all groups of coffee fell over the course of the month, though the steepest decline occurred in Robusta prices. Exports in November 2017 were 9.2% lower than the same month last year on 9.02 million bags. Shipments of Arabica were 5.5% lower at 6.06 million bags while Robusta shipments decreased by 15.9% to 2.96 million bags. Global coffee output for 2017/18 is preliminary estimated at 158.78 million bags, 0.7% higher than last year. Arabica production is provisionally estimated at 97.32 million bags, 1.1% lower than last year due to an expected reduction in output from Colombia and Brazil. However, Robusta production is provisionally estimated 3.7% higher than last year at 61.46 million bags, due largely to growth in Vietnam.
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ICO Indicator prices
(US cents/lb)  16/08/2018
  change
ICO Composite 101.99 -0.4%
Colombian Milds 128.80 -0.6%
Other Milds 124.45 -0.6%
Brazilian Naturals 103.59 -0.5%
Robustas 81.10 +0.1%

Schedule of meetings - September 2018
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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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7th Consultative Forum on Coffee Sector Finance

The 7th Forum took place in Yamoussoukro on 27 September 2017. Learn more>>


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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.
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