Coffee prices diverge in February 2019

4 March 2019

In February 2019, the ICO composite indicator fell by 0.9% to 100.67 US cents/lb, similar to the level in December 2018. The daily composite indicator reversed the gains made in January, falling from an average of 103.32 US cents/lb in the first week of February to a low of 97.44 US cents/lb on 26 February. Prices for Brazilian Naturals and Colombian Milds registered decreases in February, while Other Milds remained unchanged, and Robusta prices increased 0.5% to 78.65 US cents/lb. Shipments in the first four months of coffee year 2018/19 increased by 6.6% to 41.96 million bags, reflecting the ample supply of coffee on the international market. Exports of all types, except for Other Milds, increased in comparison to the first four months of 2017/18. The difference in the availability of Colombian Mild coffee to Other Milds has resulted in a negative differential of 0.52 US cents/lb for February.
Find out more in the ICO's latest Coffee Market Report>>

ICO Indicator prices
(US cents/lb)  17/09/2019
ICO Composite 97.76 -2.5%
Colombian Milds 131.84 -2.4%
Other Milds 129.52 -2.7%
Brazilian Naturals 98.81 -3.6%
Robustas 70.32 -1.0%

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