Coffee Market Report June 2016 - Coffee consumption increases as market hits 14-month high
12 July 2016
Prices rallied significantly in June, as the Brazilian real strengthened against the US dollar and the 2016/17 Brazilian crop entered its potential frost season. The monthly average of the ICO composite indicator price reached a 14-month high of 127.05 cents/lb, up 6% on May, with export volumes in May also slowing for the second consecutive month. Global coffee consumption continues to increase, albeit at a slightly slower rate, with the most dynamic demand recorded in Asia & Oceania.
Read the June 2016 Coffee Market Report>>
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(US cents/lb) 2/2/2023
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