The International Coffee Organisation has issued its October coffee report, which shows mixed results.
In its latest report, the International Coffee Organisation (ICO) revealed that all group indicator prices rose in August 2020 for the second consecutive month.
In its June green coffee report, the International Coffee Organisation (ICO) announced that prices decreased for the third consecutive month.
In its newest report, the International Coffee Organisation (ICO) announced that while all Arabica groups trended downward in May 2020, the Robusta group indicator rose by 0.9% to 64.53 US cents/lb.
The ICO composite indicator rallied in November 2019, reaching a 12-month high, even as the Brazilian Real slumped to a record low against the US Dollar.
In May 2019, the monthly average of the ICO composite indicator fell to 93.33 US cents/lb in May 2019, 1.2% lower than in April 2019.
Amid an unstable economy, Burundi is working to improve productivity in its coffee sector by strengthening its value chain and implementing better practices. By Gordon Feller