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Coffee prices rise in July after three months of decline

from Global Coffee Report

Coffee prices rise in July after three months of decline Global Coffee Report In July 2020, the International Coffee Organization composite indicator increased by 4.7% to an average of 103.66 cents per pound, following three months of declines. The daily composite indicator reached a low of 98.59 cents per pound on July 10 before climbing to 114.25 cents per pound on the last day of the month. Strengthening of the Brazilian Real in the second half of the month supported prices in July as well as concerns over temporary tightness in supply. READ MORE

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