October Market Report: Prices Hit 21-Month High

The International Coffee Organization has published its monthly report, with the ICO composite indicator ending with a 21-month high average of $1.426 per US pound in October.

Amid a shortfall, robusta prices rose for the eighth straight month, eclipsing $1 per pound for the first time since November of 2014, and representing a 40 percent increase over the robusta average at the beginning of this calendar year. read more – http://dailycoffeenews.com/2016/11/10/october-market-report-prices-hit-21-month-high-from-robusta-shortfall/

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