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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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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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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