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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Drop in Brazilian supply can provide a boost to Indian coffee exports, says industry official

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With volume uptick unlikely for the second year in a row in coffee consumption in the global market due to Corona led restrictions, Indian coffee exporters are expecting lower supply from the main producing country Brazil somewhat salvaging the situation for them in 2021. Speaking with indoasiancommodities, Ramesh Rajah, President, Coffee Exporters Association of India said the […]

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World coffee prices rise for fourth straight month on vaccine hopes

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If upbeat markets for coffee are any indicator, then the global economy should be out of the clutches of COVID pandemic soon. The world’s favourite cup of cheer until February-end rose for the fourth straight month, according to an index of the International Coffee Organization ((ICO). Prices are rising not just because of tightening supplies and […]

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World coffee prices rose 4.6% in Dec – ICO

World’s coffee prices in December increased by 4.6% to 114.74 US cents per pound as prices of Arabica varieties increased, according to the International Coffee Organization (ICO). The largest increase was seen in the price of Brazilian Naturals, which grew by 8% during the period to 114.96 cents per pound, which is the highest increase […]

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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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