Coffee prices continue to decline in February

Thursday 5th, March 2020. According to the International Coffee Organization (ICO) February 2020 Coffee Market Report, coffee prices continued to decline in February. After price drops in January, the ICO composite indicator fell a further 4.6 per cent, averaging 102 US cents per pound. The daily price of the ICO…

Coffee: Harvest at Historic Lows

Tuesday, March 3, 2020 It is estimated that in El Salvador the current coffee harvest will close at 600,000 quintals, a volume similar to that reported in 1890, when the country had not invested considerably in coffee production. The lack of maintenance work such as pruning, fertilization, weed control, pests…

Fight for a living wage

Global Coffee Report looks at how the living wage can guide discussions on price and the future sustainability of coffee. When low international coffee prices are discussed, it is often in comparison to the cost of production. However, there is a higher benchmark that needs to be addressed – the…

Coffee prices rally to 12-month high

Posted on Wednesday 4th, December 2019. November 2019 marked the first time in the last 12 months when the International Coffee Organization (ICO) Composite Indicator consistently stayed over 100 US cents per pound.The monthly average of the indicator rose 10.1 per cent to 107.23 US cents per pound amid expectations…

Coffee: Export Tax Remains Solid

Thursday, October 17, 2019 The Ortega administration rejected the request of Nicaraguan coffee growers, who requested that the tax of one dollar per quintal exported be waived for the 2020-2021 harvest. The decision to start charging from next year was published by the Ministry of Development, Industry and Commerce (Mific)…
1 2 3 4