Despite upturn at the end, global coffee prices remain the lowest monthly average of the coffee year
4 June 2019
The monthly average of the ICO composite indicator fell to 93.33 US cents/lb in May 2019, 1.2% lower than in April 2019. However, the last two weeks of the month saw a sharp reversal in the downward trend as the daily composite indicator rose above 100 US cents/lb for the first time since 18 February 2019 on 30 and 31 May, at 101.17 US cents/lb and 103.25 US cents/lb, respectively. In April 2019, world coffee exports rose by 4.6% to 10.73 million bags compared to the same month in the previous year, while exports in the first seven months of coffee year 2018/19 reached 74.01 million bags compared to 70.89 million bags in 2017/18. While demand has grown at an average annual rate of 2.2% in the last five years, global output is expected to exceed it by 3.41 million bags in coffee year 2018/19, making this the second consecutive year of surplus. 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.