Sustained growth in June global coffee prices

3 July 2019

The monthly average of the ICO composite indicator rose by 7.1% to 99.97 US cents/lb in June 2019, which is the first increase in the monthly average since January 2019. In May 2019, world coffee exports rose by 19.4% to 11.6 million bags compared to May 2018 while exports in the first eight months of coffee year 2018/19 rose by 7.5% to 86.57 million bags. Demand for coffee appears to be strong as imports by ICO importing Members and the United States, which account for around 75% of global imports, increased by 4.9% to 66.56 million bags in the first six months of coffee year 2018/19. Global coffee consumption is estimated to grow by 2% to 164.64 million bags in coffee year 2018/19. Despite the ongoing demand growth, a global production surplus of 3.11 million bags is expected in coffee year 2018/19.
Find out more in the ICO's latest Coffee Market Report>>

ICO Indicator prices
(US cents/lb)  19/07/2019
  change
ICO Composite 103.86 -0.6%
Colombian Milds 138.71 -0.7%
Other Milds 136.87 -0.7%
Brazilian Naturals 106.27 -0.8%
Robustas 74.44 -0.3%

Press Release 
Click here

 

International Coffee Day 2016 Logo

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.
Learn more>>