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Concerns about supply from major origins remain the key factor in the coffee market

LONDON, UK – The upward trend in coffee prices continued in June 2021 as concerns about supply from major origins remained the key factor...

ICO: coffee prices surge in May with revival in demand and concern over Brazil crop

LONDON, UK — In May 2021, the ICO composite indicator for coffee prices rose by 10.4% to 134.78 US cents/lb, the highest monthly average...

Cocoa futures prices plummeted by 4% pressured by Covid-19 virus concerns

ABIDJAN, Côte d’Ivoire – This review of the cocoa market situation from the Internatonal Cocoa Oraganization (Icco) focuses on the prices of the nearby...

Ico report: Covid-19 presents considerable downside risk to global coffee consumption

LONDON, UK – In February 2020, the ICO composite indicator continued its downward trend, averaging 102 US cents/lb as prices for all group indicators...

Ico statistics: world coffee exports reached 129.8 million bags (+5.8%) in 2019

MILAN – World coffee exports reached a new high of 129.8 million bags in calendar year 2019, according to Ico’s monthly data released on...

Ico Trade Statistics: World coffee exports strongly down on year in November

LONDON, UK – World coffee exports amounted to 9.31 million bags in November 2019, compared with 10.22 million in November 2018, down 10.8% on...

Israelis consume 4.4 kg. of coffee per person per year, says new report

MILAN – Israelis consume 4.4 kg. of coffee per person per year, just ahead of Spain, whose citizens consume an average of 4.3 kilos...

Exports from Vietnam likely to fall by 14 percent on year in 2019, says Gso

MILAN – Exports and domestic trade in Vietnam slowed down this week due to year-end holidays and lower prices discouraging farmers from selling their...

Usda lowers estimate for Colombian production in MY 2018/19 to 13.9 mln bags

BOGOTA, Colombia – According to the lastest USDA Gain Report, Colombian coffee production is forecast to reach 14.3 million bags green bean equivalent (GBE)...

In South Korea 71,000 coffee shops are operating, 1 in 10 in the red

SEOUL, South Korea —More than 71,000 coffee shops are now operating nationwide in South Korea, with 14,000 opening last year alone. And their number...

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