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 […]
Indonesia’s 2021/22 coffee production is forecast to decline by 70,000 (60 kilogram) bags to 10.63million bags due to lower Robusta yields in highland areas and lower Arabica yields during the firstharvest period, the U.S. Department of Agriculture (USDA) said in a report. Area is expected to remain stable at 1.2 million hectares, with Sumtra island […]
India’s coffee production in the 2021/22 marketing year (Oct/Sep) is expected to increase by 5 percent to5.41 million 60-kilogram bags, the U.S. Department of Agriculture (USDA)said in a report. Above normal pre-monsoon rains coupled with expectations of a normal monsoon are expected to improve yields, especially for Robusta in major growing regions, it said, adding […]
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 […]
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 […]
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 […]
The ICO composite indicator decreased by 5.2% to an average of 99.05 US cents/lb in June 2020, which is the third consecutive month of decrease, the International Coffee Orgnization said. It said prices for all Arabica groups trended downward in June 2020, but the Robusta group indicator rose by 0.1% to 64.62 US cents/lb. The […]
Prices of the world’s most widely consumed coffee variety, Arabica, fell for the second straight month in May amid expectations of a larger crop in Brazil and the ongoing Covid pandemic that has depressed consumer demand for a variety of products. According to the International Coffee Organisation’s (ICO) composite indicator, Arabica prices fell by 4.1% […]
Unlike most plantation sector crops that have witnessed huge losses due to Covid-19, coffee prices have been on the rise due to high demand and low supply, in a trend that is likely to continue. According to a market report by the Coffee Board of India, as on April 24, future prices based on the […]
