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Sunday 17 November 2024
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Ico Report: second consecutive supply surplus weighs on global coffee prices

Desk3 -
LONDON, UK – The ICO composite indicator fell by 6.7% to 96.07 US cents/lb in August 2019, compared to July 2019 and by 13.6%...

Brazilian coffee consumption expected to grow at a lower pace in 2019, says Abic

Desk3 -
MILAN – According to the Coffee Industry Association of Brazil (Abic), domestic consumption will rise at a lower rate in 2019, after a 5%...
Institutions

Ico Report: Monthly composite indicator lowest since October 2006

Desk3 -
LONDON, UK – In March 2019, the ICO composite indicator fell by 3.1% to 97.50 US cents/lb, which is the lowest monthly average since...

Safras & Mercado pegs Brazil’s 2019-2020 coffee crop at 58.9 million bags

Desk3 -
MILAN – A new estimate from Safras & Mercado pegs Brazil’s coffee crop for 2019/20 harvest at 58.9 million bags, down 8.1% from a...

Domestic coffee consumption in Brazil pegged at 21 million bags in 2018

Desk3 -
MILAN – Brazil’s domestic coffee consumption rose by 4.8% over the course of the 2018 commercial year from a downward revised figure for 2017,...

Coffee Board of India lowers its estimate of coffee production for 2018/19

Desk3 -
MILAN – The Coffee Board of India has lowered its forecast for the 2018/19 coffee crop. The Post Monsoon Crop Estimate based on crop...

Coffee year 2018/19 to mark a second consecutive season of surplus

Desk3 -
LONDON, UK — Coffee year 2018/19 is expected to be the second consecutive season of surplus, as global output, estimated at 167.47 million bags,...

Conab’s fourth estimate pegs Brazil’s crop at a record 61.7 million bags

Desk3 -
MILAN – Brazil harvested a record crop of 61.7 million bags, the government food supply and statistics agency Conab said on Tuesday in its...
Market & Trade

Vietnam: Usda Gain Reports sees production at 30.4 million bags in 2018/19

Desk3 -
MILAN – Usda Foreign Agricultural Service maintains its estimate of Vietnam’s coffee production for MY 2017/18 at 29.3 million bags (GBE), which includes 1.3...

Indonesia: Gain Report pegs production for CY 2018/19 at 10.9 mln bags

Desk3 -
JAKARTA, Indonesia — USDA semi-annual Gain Report on Indonesia has revised downward forecast for Arabica production, while 2018/19 imports are increased and exports are...
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