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International Coffee Agreement 2007  more...

26 to 28 February 2010
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News From The Executive Director

  • RAMACAFE, Nicaragua:  the Executive Director, Mr. Néstor Osorio, was invited to give the keynote address at the 9th RAMACAFE International Coffee Conference held in Managua, Nicaragua, from 1 to 3 September 2009.   In his presentation he gave an overview of the evolution of the coffee market in coffee year 2008/09, and analysed patterns of consumption in different markets, with emphasis on developments in producing country markets and emerging markets. 

  • Mission to Guatemala: The Executive Director, Mr Néstor Osorio, visited Guatemala from 27 to 31 August 2009 to discuss the arrangements for the next ICO World Coffee Conference which will take place in Guatemala City from 26 to 27 February 2010.  During his visit Mr Osorio and the Directors of ANACAFÉ were received by the President of Guatemala, H.E. Mr. Álvaro Colom Caballeros.   Mr Osorio expressed his appreciation to the President for hosting the 2010 Conference and agreeing to chair it, and conveyed the pleasure of ICO Member Governments in attending this event.   President Colom confirmed that all the necessary preparations to achieve a successful conference were in hand, and noted the significance of this global coffee event for Guatemala.   Mr Osorio also met the Minister for Foreign Affairs, Mr Roger Haroldo Rodas Melgar who confirmed the Government’s commitment to ensuring the success of the Conference, and indicated that arrangements for protocol and other services to facilitate the arrival of international delegates to Guatemala were in place.  The Executive Director had very productive meetings with the Organizing Committee and members of ANACAFÉ, and was pleased to see that the logistical and organizational preparations for the Conference were well advanced.  

  • Coffee trade statistics: World coffee exports amounted to 7.75 million bags in July 2009, compared with 8.21 million bags in July 2008.  However, exports in the first 10 months of coffee year 2008/09 (Oct/08 to Jul/09) have increased by 2.6% to 82.31 million bags compared to 80.24 million bags in the same period in the last coffee year.  In the twelve months ending July 2009, exports of Arabica totalled 62.88 million bags compared to 61.88 million bags last year; whereas Robusta exports amounted to 35.08 million bags compared to 33.41 million bags.  Coffee Trade Statistics July 2009 

  • Signature of the International Coffee Agreement 2007 - Zimbabwe: H.E. Mr. Gabriel Machinga, Ambassador for Zimbabwe, signed the 2007 Agreement. Depositary notification I Photo

  • Ratification of the International Coffee Agreement 2007 – Ghana:  Mrs Sena Siaw-Boateng, Head of Chancery, High Commission for Ghana, deposited an instrument of ratification on 17 August 2009.  Depositary notification I Photo

  • Coffee market report from the Executive Director: The downward price corrections recorded in June continued in the first half of July, but the last two weeks of the month have shown a recovery. From a level of 108.58 US cents per lb on 10 July, the ICO composite indicator price increased gradually to reach 117.71 cents on the last day of the month. Nevertheless, the monthly average of the ICO composite indicator price fell by 5.17%, from 119.05 US cents per lb in June to 112.90 US cents per lb in July. Although the differential between Colombian Milds and the New York futures market remains high, it has narrowed slightly, down from 66.93 US cents per lb in June to 64.87 US cents per lb in July, a fall of 3.1%. The differentials between Colombian Milds and the other groups of coffee have also narrowed. Coffee market report July 2009

     

  • 2010 World Coffee Conference – a brochure about the World Coffee Conference Conference which will take place in Guatemala City, Guatemala from 26 to 28 February 2010 is now available.  Further details about the Conference can be found on the official website  www.wcc2010guatemala.com, and information about the outline programme and other details will be provided to Members during the Council Session from 23 – 25 September 2009.  Brochure

  • The ICO will hold a workshop on implementing the Consultative Forum on Coffee Sector Finance on the afternoon of 22 September 2009 at its headquarters in London.  The Forum was established under the 2007 Agreement to facilitate consultations on finance and risk management issues, with particular emphasis on the needs of small and medium-scale producers.  The objective of the Workshop is to advance preparations for the first meeting of the Forum through a discussion of specific ideas for the work of, and arrangements for the Forum.  Programme

     

  • Ratification of the International Coffee Agreement 2007 – Nicaragua:  Ms Alicia del Carmen Sandino Terán, Chargé d’Affaires, Embassy of Nicaragua, deposited an instrument of ratification on 12 August 2009.  Depositary notification I Photo

  • The ICO Green and Processed Coffee Trade Statistics for 2003 to 2008 are now available on CD-Rom.   They include data on exports, imports and re-exports of green, roasted and soluble coffee by origin and destination.  Copies are being sent to ICO Members and regular subscribers by post.  For information on subscribing to ICO statistics and publications contact library@ico.org.

  • The General Manager of the National Federation of Coffee Growers of Colombia and Permanent Representative to the ICO, Mr Gabriel Silva Luján, has been appointed as Minister of Defence of Colombia.  On behalf of the LavAzza International Coffee Organization the Executive Director, Mr Néstor Osorio, congratulates Mr Silva and wishes him every success in this prominent new position.  Mr Osorio also expresses his appreciation for Mr Silva’s contribution to international cooperation on coffee matters and his support for the work of the ICO.

  • Signature and ratification of the International Coffee Agreement 2007 – Thailand:  H.E. Mr Kitti Wasinondh, Ambassador for Thailand, signed the 2007 Agreement and deposited an instrument of ratification on 4 August 2009.  Depositary notification I Photo

  • 2010 World Coffee Conference: Registrations are now open for the 2010 World Coffee Conference, which will take place in Guatemala City, Guatemala from 26 to 28 February 2010.  The Conference will bring together coffee growers, representatives from government, the private sector and international agencies and will provide a unique opportunity to address the challenges of world coffee supply and demand, coffee development sector and sustainability. More

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