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, […]
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 […]
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 […]
Walking into a coffee shop for a chat might have been a must for you, but social distancing might have put it out of bounds. That is now reflecting in consumption trends of the world’s favourite beverage. World coffee consumption is projected to rise by only 1.3% to 166.3 million bags during the new marketing year […]
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 […]
