Global coffee production seen rising slightly to nearly 170 million bags in 2020/21; consumption seen rising faster

Total global production in coffee year 2020/21 is estimated to rise by 0.4% to 169.60 million bags, with Arabica production increasing by 2.3% to 99.24 million bags, the International Coffee Organization (ICO) said in its latest monthly report. World coffee consumption, its said, is projected to increase by 1.9% to 167.58 million bags in 2020/21 […]

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Upward trend in global coffee prices confirms recovery from lows of last nearly four years, says ICO

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A firm upward trend of coffee prices over the first eight months of coffee year 2020/21 seems to confirm a net recovery from the low price levels that began in coffee year 2017/18, the International Coffee Organization (ICO) said in its latest monthly report, adding that coffee prices surged higher in May showing signs of […]

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Indonesia’s coffee output forecast to fall to 10.63 million bags on lower yields

Indonesia’s 2021/22 coffee production is forecast to decline by 70,000 (60 kilogram) bags to 10.63million bags due to lower Robusta yields in highland areas and lower Arabica yields during the firstharvest period, the U.S. Department of Agriculture (USDA) said in a report. Area is expected to remain stable at 1.2 million hectares, with Sumtra island […]

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India’s coffee output seen up 5% in 2021/22 on higher yields

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India’s coffee production in the 2021/22 marketing year (Oct/Sep) is expected to increase by 5 percent to5.41 million 60-kilogram bags, the U.S. Department of Agriculture (USDA)said in a report. Above normal pre-monsoon rains coupled with expectations of a normal monsoon are expected to improve yields, especially for Robusta in major growing regions, it said, adding […]

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Global coffee prices rally in April on anticipated output decline, signs of economic recovery

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Global coffee prices continued their upward trend in April, as the monthly average of the ICO composite indicator rose to 122.03 US cents/lb, 1.4% higher than in March 2021 and 12% higher than in April 2020, representing the sixth consecutive month of increase and the highest monthly average in over three and a half years, […]

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Indian coffee exporters unable to cash in on high global prices of coffee

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International prices of coffee have gone up by almost 35 per cent while in India, the price rise has been subdued at 15 per cent. Global coffee prices have trended higher over the past three weeks, with arabica posting a five-month high and robusta coffee climbing to an eighteen-month high last week. Prices of robusta stood at $1,430 […]

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