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 […]
Your morning cup of cheer coffee could become pricier, as the world coffee production during the current crop year 2019/20 will decrease by 1.6% to 168.55 million bags, says the International Coffee Organization (ICO). The decline will come largely on the back of 5.1% drop in Arabica output, offsetting a 3.2% increase in robusta production. […]
Higher monsoon rains this year will improve India’s coffee yields as well as its exports, according to a US Department of Agriculture (USDA) report. India, the world’s sixth-largest coffee grower, is likely to produce 225,000 metric tons of Robusta variety and 90,000 metric tons of Arabica variety during the October-September crop year. Thanks to bountiful […]
Global output in 2019/20 is estimated at 168.84 million bags, 2.5% lower than in 2018/19. Arabica output is estimated to decrease by 5% to 96.05 million bags while Robusta output is expected to rise by 1.1% to 72.78 million bags, the International Coffee Organization (ICO) said its ltest monthly report. The decrease in output, it […]
In July 2020, world coffee exports fell by 11% to 10.61 million bags compared to July 2019, the International Coffee Organization (ICO) said, adding that shipments of Arabica fell by 7.6% to 6.65 million bags, and Robusta exports decreased by 16.1% to 3.96 million bags. “Other Milds recorded the largest decrease in July, falling by […]
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 […]
Warming temperatures, lack of government investment and safety concerns, have hampered the industry and threatened its future. Once the second most important export in the country, the coffee market has sunk to near nonexistence. In 2018, Congolese coffee farmers produced about 10% of the amount they did nearly three decades ago, Global Press Journal reports. […]
Global coffee production in coffee year 2019/20 is estimated at 168.01 million bags, a decrease of 2.9% from 2018/19, the International Coffee Organization (ICO) said in its latest monthly report seen on Friday. Arabica output is estimated to fall by 5.4% to 95.37 million bags, due to a decline in production in seven of the […]
As the months of social distancing and work from home stretches on following the limited opening up of the economy to curb the spread of the coronavirus pandemic, more and more people are turning into their own baristas. Instant, artisanal, filter coffees and coffee beans are flying off the shelves at grocery marts as stay-at-home […]
India’s exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined, but the country’s trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent. Exports in value terms declined by 12.41 per cent to $21.91 billion in […]
