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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Coffee producers battle price gloom

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Coffee, the world’s favourite morning cuppa of cheer, is not bringing any joy to its producers. Coffee growers are struggling, as falling prices amid the Covid-19 pandemic are resulting in most producer countries unable to cover their costs, “let alone provide a decent livelihood to their families,” the International Coffee Organization (ICO) said.  Top executives […]

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Global coffee market volatility ahead on severe Covid-19 demand and supply shock – paper

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The global coffee sector will continue to be volatile due to the severe demand and supply shown because of the Covid-19 pandemic, and the effects will materialise in different places at different times, the International Coffee Organization (ICO) and the International Food Policy Research Institute (IFPRI) said in a joint paper. “Policymakers should recognize this […]

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