robusta
Robustas hit a 25-year high, averaging 135.47 US cents/lb in December 2023
Robustas grew 10.5% to 135.47 US cents/lb, the highest level since May 1995, while rising tensions in the Red Sea have led some shipping lines to re-route their coffee-carrying vessels as well as add new surcharges.
Coffee prices remain stable averaging above 160 US cents/lb in November 2023
The International Coffee Organization Composite Indicator Price averaged 161.53 US cents/lb in November, a 6.3% increase from October 2023.
Uganda devises a roadmap to transform its coffee industry
Despite its high coffee export volumes, Uganda has a low profile in the global market — but the country aims to gain greater recognition internationally and increase exports, and has outlined an ambitious ‘coffee roadmap’ to accomplish this. By Vanessa L Facenda
Global green coffee exports drop 5.5% for CY 2022/23
The ICO reports that NY and London certified trend down as global green coffee exports fall 5.5% to 110.81 bags in coffee year 2022/23.
Arabicas drop slightly while Robustas remain firmly above 120.00 US cents/lb
The ICO reports that Arabicas drop while Robustas remain above 120.00 US cents/lb in September; world economies and rising costs of living expected to impact consumption.
Robusta prices hit near record highs in August
The International Coffee Organization reports that Arabica-Robusta price movements recouple in August — Robustas remain at near record highs.
ICO reports coffee prices recover in July after first falling
For the I-CIP and Arabicas prices, July was a month of two halves: losses followed by recoveries, while Robustas once again performed the best, recording a small decline.
World Coffee Research publishes its first Robusta Variety Catalog
As the coffee industry looks for solutions to meet the growing challenges of the climate crisis, World Coffee Research (WCR) has taken an important step by publishing its first Robusta Variety Catalog to help Robusta farmers make informed decisions about varieties.
Robusta prices hit a 28-year in June
The ICO reports that Robustas reached a 28-year high in June amid further narrowing of the Arabica-Robusta differentials.
Black Sheep Coffee opens in The Sidings at Waterloo
Earlier this month Black Sheep Coffee opened its 70th location in experience-led The Sidings at Waterloo.
ICE Commodity Traceability Service created to help coffee industry with EU Deforestation Regulation
ICE Benchmark Administration plans to launch ICE Commodity Traceability Service to assist coffee and cocoa industries comply with EU Deforestation Regulation.
April coffee prices rise on the heels of decreasing exports
In its latest report, the ICO stated that the I-CIP expanded to 178.57 US cents/lb in April 2023, supported by decreasing exports.
The 34th Specialty Coffee Expo Attendance Exceeds 11,500
The SCA’s 2023 Specialty Coffee Expo hits nearly 12,000 attendees and crowns six new US Coffee Champions in Portland, Oregon.
Blending, roasting & processing, Business, Origins, Product news, Sustainability
As consumption continues to rise, the ICO expects another year of supply deficit
With global green bean exports falling 20.23% to 7.94 million bags in February, the ICO sees another year of supply deficit, with a shortfall of 7.3 million bags for CY 2022/23.