ICO: Coffee Prices Rise in July

After three months of decreases, the International Coffee Organization (ICO) composite indicator increased by 4.7% in July to an average of 103.66 US cents/lb. This monthly average shows that prices for all coffee increased in July 2020, with Brazilian Naturals experiencing the biggest gain. The ICO also noted that global exports are 5.1% lower than this time last year. The full report may be viewed here.