Coffee Prices In August Fall To 57-Month Low

Sept. 11, 2018

International coffee prices have been experiencing a downward trend in the last two years, averaging 102.41 US cents/lb in August 2018, a 20.1% drop compared to August 2017. The last time the monthly composite indicator price was lower than 102.41 US cents/lb was in November 2013, when it recorded 100.99 US cents/lb. This decline is linked primarily to market fundamentals, though other factors, such as exchange rate movements and futures markets, are also playing a role. Total exports in July 2018 amounted to 10.11 million bags in July 2018, compared with 9.66 million in July 2017. Exports in the first 10 months of coffee year 2017/18 (Oct/17 to Jul/18) have increased by 0.9% to 101.2 million bags, compared to 100.34 million bags in the same period in the last coffee year.  

Full report 

Related

Ico Logo 11321534
Home

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...

ID 148232917 © Tang90246 | Dreamstime.com
Photo 88890253 | Acquisition © Encho Enevski | Dreamstime.com
Apex Restaurant & Market Solutions