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"Coffee market well Supplied"by Agrimony

Thu, 11/09/2017 - 09:25

The International Coffee Organization flagged a “well supplied” coffee market as it ditched an estimate of a global production deficit last season – and lowered ideas on shortfalls for the two previous years too. The ICO, which had estimated world coffee production in 2016-17 at 1.19m bags behind consumption, revised its forecast to show a surplus of 2.38m bags for the season, which ended in September. The revision reflected an upgrade, “on the basis of new info [...]

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