green coffee
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
Cimbria expands its green coffee activity in South America
Cimbria is expanding its activities in South America, which is expected to be one of its most promising markets.
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.
ICO reports reduced exports for current coffee year drove up prices in February
Reduced exports for current coffee year drive the ICO’s I-CIP up 11.4% in February 2023.
Coffee prices stabilised in January, with a slight decrease
Amid fluctuations and a slight price drop, the I-CIP picked up in January.
Despite a 12.3% setback in November, coffee prices stabilised
Although all average prices for all coffee groups fell in November, the I-CIP remained firm posting a median value of 156.83 US cents/lb.
Coffee prices slip but prices exceed 2021 calendar year average
The ICO reports that average prices for all coffee group indicators decreased in October 2022.
The UK’s biggest celebration of coffee is back
Hundreds of coffee shops across the country join together this week to raise funds for coffee growing communities.
Blending, roasting & processing, Business, Origins, Sustainability
Arabica prices slip while Robustas record an uptick in final month of CY 2021/2022
ICO’s I-CIP remains range bound since March 2022, averaging 197.13 US cents/lb for the seven months ending in September.
Dunkin’ commits to 100% responsibly sourced coffee by 2025
Showing its commitment to where its coffee comes from and how it’s sourced, Dunkin’ commits to 100% responsibly sourced coffee by 2025.
Ally Coffee to open an office in Australia & expand operations in Oceania & Asia
Ally Coffee to open a new office in Melbourne, Australia and expand sales and logistics operations to Oceania & Asia.
Papua New Guinea creates new Minister for Coffee post
Papa New Guinea announced the creation of the Minister for Coffee role to help the industry grow, with a focus on international exports.
Robustas made the biggest gains in August, up 9.2%
The ICO reports that low Arabica certified stocks and high volatility add pressure on the I-CIP, closing August at 208.37 US cents/lb.