Coffee market continues downward trend
19 April 2018
Since August 2017, the ICO composite indicator price has declined in each month except January 2018. The composite indicator decreased by 1.1% in March 2018 to an average of 112.99 US cents/lb, which is the lowest monthly price since February 2016. Indicator prices for all groups fell in March 2018, though the largest month-on-month decrease occurred for Colombian Milds, which fell by 1.4% to 139.45 US cents/lb. This narrowed the price differential between Colombian Milds and Other Milds to an average of 4.42 US cents/lb, 15.3% lower than last month. Global production is estimated at 159.66 million bags in 2017/18, 1.2% higher than 2016/17, resulting in an estimated surplus of 0.78 million bags. Arabica production is estimated 4.6% lower at 97.43 million bags while Robusta is estimated 12.1% higher at 62.24 million bags. The surplus in production is reflected in increased shipments for all groups, except Colombian Milds, during the first five months of coffee year 2017/18. Read the latest Coffee Market Report>>
| ICO Indicator prices (US cents/lb) 2/2/2023 |
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| change | ||
| ICO Composite | 172.50 | +0.6% |
| Colombian Milds | 237.34 | +0.6% |
| Other Milds | 226.26 | +1.4% |
| Brazilian Naturals | 192.86 | +0.6% |
| Robustas | 102.00 | -0.3% |
Press Releases
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1 October is #InternationalCoffeeDay
Every year on 1 October, the world comes together to celebrate coffee and recognise the millions of people across the globe - from farmers, to roasters, baristas, coffee shop owners and more - who work hard to create and serve the beverage we all love.
This year we're on a collective mission to help coffee farmers around the world receive a fair, living income. But to do it we need your help, find out more at: International Coffee Day
Latest ICO Studies & Reports
ICO Coffee Break Series
The ICO has released research on the impact of covid-19 on the global coffee industry.
- Impact of covid-19 on the global coffee sector: The Demand Side (April 2020)
- Volatile coffee prices: covid-19 and market fundamentals (May 2020)
- Impact of covid-19 on the global coffee sector: Survey of ICO exporting Members (July 2020)
Coffee Development Report 2019. Growing for prosperity: Economic viability as the catalyst for a sustainable coffee sector (Published October 2019)
Futures markets: the role of non-commercial traders (Published March 2019)
Profitability of coffee farming in selected Latin American countries - interim report (Published March 2019)
Survey on the impact of low coffee prices on exporting countries (Published March 2019)
Emerging coffee markets: South and East Asia (Published September 2018)
Guide to Access Green and Climate Funding: The Global Environment Facility (Published October 2018)
Role of coffee futures markets in discovering prices for Latin American producers (Published September 2018)
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)
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.
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