7th National Meeting of Roasters in Lisbon

21 February 2008

The Executive Director was invited to speak at the 7th National Meeting of Roasters held in Lisbon on 21 February 2008 and attended by representatives of the coffee industry in Portugal. Mr. Osorio gave a presentation about the commodity situation and overview of the coffee market, and analysed the pattern of coffee consumption in Portugal where annual per capita consumption is currently 4.24 kilos, with a total annual volume of around 800,000 60-kg bags. He highlighted the current firmness of the market due to the tight situation of supply and demand, and noted that coffee prices were now following the upward trend already seen in other commodities.

ICO Indicator prices
(US cents/lb)  17/09/2019
  change
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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