Monthly composite indicator lowest since October 2006
4 April 2019
In March 2019, the ICO composite indicator fell by 3.1% to 97.50 US cents/lb, which is the lowest monthly average since October 2006 when the price was 95.53 US cents/lb. Prices for all group indicators fell in March 2019, with Brazilian Naturals registering a decrease of 4.2% to 95.81 US cents/lb, the largest among the four group indicators. Shipments in the first five months of coffee year 2018/19 increased by 6.2% to 52.27 million bags, reflecting the ample supply of coffee on the international market. Shipments of Brazilian Naturals rose by 20.4% to 18.65 million bags, and Colombian Milds grew by 7.7% to 6.63 million bags. World production in coffee year 2018/19 is estimated at 168.05 million bags while consumption is estimated at 164.99 million bags, creating a surplus of 3.06 million bags. This follows a surplus of 4.16 million bags in coffee year 2017/18.
Find out more in the ICO's latest Coffee Market Report>>
|ICO Indicator prices
(US cents/lb) 19/07/2019
1 October is #InternationalCoffeeDay.
ICD2018 chose a very special theme for this year’s celebrations: ‘Women in Coffee’. Women play as important a role in the whole of the coffee chain as men, from planting the seeds to processing to trading to brewing… and drinking it. To find out more visit the dedicated International Coffee Day website.
Latest ICO Studies & Reports
• National Quality Standards (Published September 2018)
• Gender equality in the coffee sector (Published September 2018)
• Maximum residue limits (Published September 2018)
• Country Coffee Profile: Ghana (Published September 2018)
• Mixtures and substitutes (Published September 2018)
• Gender equality in the coffee sector (Published April 2018)
• Development of coffee trade flows (Published April 2018)
• Value addition in the African coffee sector (Published September 2017)
• Assessing the economic sustainability of coffee growing (Published September 2016)
• Coffee in the Russian Federation (Published August 2015)
• Coffee in China (Published August 2015)
• The impact of the price of oil and the US dollar exchange rate on coffee prices (Published August 2015)
• Sustainability of the Coffee Sector in Africa (Published August 2015)
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.