1、Coffee Market Report September 2023 1 Robustas remain above 120.00 US cents/lb The ICO Composite Indicator Price(I-CIP)averaged 153.13 US cents/lb in September,posting a median value of 152.74 US cents/lb and fluctuating between 147.86 and 160.17 US cents/lb.The Robustas remained at a near-record hi

2、gh in September,staying above the 120.00 US cents/lb mark.The Colombian Milds-Other Milds differential grew 79.1%to 1.46 US cents/lb.In September 2023,the Colombian Milds-Other Milds Arabica differential fluctuated between positive and negative.Arbitrage,as measured between the London and New York F

3、utures markets,narrowed by 1.8%to 44.41 US cents/lb in September 2023.Intra-day volatility of the I-CIP followed a consistent downtrend,reaching 6.3%,a 0.7 percentage point decrease between August and September 2023.The New York and London certified stocks moved in opposite directions,where London g

4、rew 25.7%to 0.73 million 60-kg bags,whilst stocks of Arabica coffee reached 0.49 million 60-kg bags,a 13.8%decrease.Global green bean exports in August 2023 totalled 9.36 million bags,as compared with 9.07 million bags in the same month of the previous year,up 3.2%.Shipments of the Other Milds decre

5、ased by 9.7%in August 2023 to 1.99 million bags from 2.2 million bags in the same period last year.Green bean exports of the Brazilian Naturals increased in August 2023,rising by 10.2%to 3.06 million bags.Exports of the Colombian Milds fell by 2.1%to 0.84 million bags in August 2023 from 0.86 millio

6、n bags in August 2022.Green bean exports of the Robustas amounted to 3.47 million bags in August 2023,as compared with 3.22 million bags in August 2022,up 7.3%.In August 2023,South Americas exports of all forms of coffee increased by 13.0%to 4.98 million bags.Exports of all forms of coffee from Afri