Monthly C-Market Report: Prices Hit 10-Month Low as Brazil Forecast Improves

Coffee prices worldwide reached their lowest since February 2014, largely driven by improved expectations for Brazil’s 2015/16 crop, according to the December monthly report from the London-based International Coffee Organization. The ICO’s composite indicator price — a historical data series that reflects price monitoring for coffees from all the world’s main growing regions — dipped to a low of $1.422 USD […]