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Coffee prices increase as concerns about Brazil’s 2017/18 crop emerge
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LONDON, UK – The ICO composite indicator price rose above 130 US cents/lb for the first time since April as reports emerged from Brazil about lower yields and quality issues related to the 2017/18 crop. Coffee exports have stabilized in the last two months but cumulative exports remain well above ...
Private coffee stocks in Brazil are down 27% on year, says Conab’s survey
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SAO PAULO, Brazil – Brazil’s private coffee stocks as of March 31st 2017 totalled 9.86 million bags, according to a survey led by the country's food supply agency Conab. This is 27.4% less than in last year’s survey, when the Agency estimated a volume of 13.59 million bags, as well as the third consecutive annual reduction.
ICO Report: Coffee prices continue to fall albeit at a lower rate
Desk3 -
LONDON – Coffee prices continued to fall as the market remains well supplied and inventories in consuming countries are high as a result of strong exports in the first seven months of the coffee year. For the first time in three years, Colombian Milds traded above Other Milds.
Downward correction in coffee market as supply prospects improve
Desk3 -
The recent rally in coffee prices underwent a notable reversal in November 2016, attributed to improved weather prospects in Brazil and Vietnam and a...
ICCO releases its revised estimates
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LONDON, UK -The International Cocoa Organization today released its revised estimates, summarized below, of world production, grindings and stocks of cocoa beans for the...
Gain Report sees Brazilian production at 56.1 million bags
Desk3 -
The Agricultural Trade Office (ATO) in São Paulo revised the Brazilian coffee production estimate for marketing year (MY) 2016/17 (July-June) up to 56.1 million...
Robusta futures rally to 18-month high
Desk3 -
MILAN - Robusta coffee futures rose for the fifth straight session on Tuesday reaching a new 18-month high in intraday trade. The most active...
Indian exports up more than 20 percent in 1H
Desk3 -
Indian coffee export of both green and processed coffee rose by 20.4 percent in volume terms during the first half of the current calendar year reaching a total of 208,487 tons. A strong demand for ...
USDA sees record Arabica output next year
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In its biannual report “Coffee: World Markets and Trade” released on Friday, the Foreign Agricultural Service (FAS) of the United States Department of Agriculture (USDA) forecast world coffee ...
Vietnam’s exports decline in May
Desk3 -
MILAN - Vietnam shipped 162,000 tons, or 2.7 million bags of coffee in May, a 12.9 decrease from the previous month, the country’s customs...
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