ICO: Coffee Market Rallies To A 12-month High

Dec. 6, 2019

November 2019 marked the first time in the last 12 months when the ICO Composite Indicator consistently stayed over 100 US cents/lb. The monthly average of the Indicator rose 10.1% to 107.23 US cents/lb amid expectations of a global deficit in coffee year 2019/20, estimated at 502,000 bags. Global exports of coffee in October 2019 fell by 13.4%, to 8.91 million bags, compared to the same month in the previous year. A mix of factors, including unfavourable weather patterns and prolonged low international prices, have contributed to a decline in shipments across all regions.Find out more in the ICO's latest Coffee Market Report>>


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International Coffee Organization

April 1, 2014
The International Coffee Organization was established in 1963 when the first International Coffee Agreement (ICA) entered into force in 1962 for a period of five years, and it...