[[{“value”:”
The International Coffee Organization‘s (ICO) February 2025 market report revealed the ICO Composite Indicator Price (I-CIP) breached the highest monthly prices on record.
The I-CIP averaged 354.32 US cents per pound in February, a 14.3 per cent increase from January.
Meanwhile, the Colombian Milds’ and Other Milds’ prices both increased by 16.7 per cent and 15.5 per cent compared to January, reaching 410.64 and 409.48 US cents per pound, respectively, in February.
The Colombian Milds–Other Milds differential shrank from -2.54 to 1.16 US cents per pound between January and February.
Additionally, the arbitrage, as measured between the London and New York futures markets, expanded 42.4 per cent compared to January to 134.70 US cents per pound in February, marking its highest point since June 2022.
The intra-day volatility of the I-CIP shrank by 0.6 percentage points, averaging 10.7 per cent in February.
The London certified stocks of Robusta coffee decreased by 4.9 per cent from January to February, closing the month at 0.72 million bags. Meanwhile, certified stocks of Arabica coffee followed a similar but stronger trend, shrinking to 0.84 million 60-kilogram bags, a 7.5 per cent decrease versus January.
Global green bean exports in January totalled 9.72 million bags, as compared with 11.32 million bags in the same month of the previous year, down 14.2 per cent.
Although exports of the Colombian Milds increased by 1.3 per cent to 1.01 million bags in January from 1 million bags in December 2024, shipments of the Other Milds decreased by 11 per cent in January to 1.46 million bags from 1.64 million bags in the same period in 2024.
Green bean exports of the Brazilian Naturals decreased in January 2025, falling by 1 per cent to 3.55 million bags from 3.59 million bags in January 2024.
Green bean exports of the Robustas were down 27.5 per cent to 3.7 million bags in January 2025 from 5.1 million bags in January 2024.
In terms of exports by regions, the world as a whole decreased by 13.3 per cent to 10.83 million bags in January 2025, as compared with 12.49 million bags in January 2024.
Asia and Oceania decreased by 31.9 per cent to 3.44 million bags in January 2025 from 5.06 million bags in January 2024.
However, Africa increased by 7.1 per cent to 1.1 million bags in January 2025 from 1.03 million bags in January 2024, while South America’s exports fell by 4.2 per cent to 5.18 million in January from 5.41 million bags in January 2024.
In January 2025, exports from Mexico and Central America increased by 10.9 per cent to 1.1 million bags, as compared with 0.99 million in January 2024.
Finally, total exports of soluble coffee fell by 5.2 per cent in January 2025 to 1.05 million bags from 1.1 million bags in the same time period in 2024, while exports of roasted beans were up 1.4 per cent in January to 60,532 bags, as compared with 59,692 bags in January 2024.
The post Coffee prices reach all time high: ICO report appeared first on Global Coffee Report.
“}]]
