Offerings - Kencaf Importing & Distributing Inc.

Green Coffee Market Prices
The ICO Composite Indicator Price (I-CIP) averaged 176.41 US cents/lb in January, a 0.4% increase from December 2023.

The I-CIP posted a median value of 173.90 US cents/lb, having fluctuated between 171.08 and 185.54 US cents/lb.

The January 2024 I-CIP is above the January 2023 I-CIP by 12.4%, with the 12-month rolling average at 166.85 US cents/lb.

The I-CIP grew steadily in January 2024, reaching a ten-month high.

Importantly, the Robustas have reached their highest level since November 1994 when they averaged 153.33 US cents/lb.
Read more: https://www.icocoffee.org/documents/cy2023-24/cmr-0124-e.pdf?mc_cid=3acfbd4b69

Green Coffee Price
Robustas reach 25-year high, averaging 135.47 US cents/lb in December 2023. The ICO Composite Indicator Price (I-CIP) averaged 175.73 US cents/lb in December, an 8.8% increase from November 2023. The I-CIP posted a median value of 177.64 US cents/lb, having fluctuated between 163.92 and 186.04 US cents/lb. The December 2023 I-CIP is above the December 2022 I-CIP by 11.8%, with the 12-month rolling average at 165.23 US cents/lb. The I-CIP grew steadily in December 2023, reaching a nine-month high. The rise in tensions in the Red Sea has prompted some shipping lines to re-route their coffee-carrying vessels. Thus, for South-East Asian and East African coffee en route to Europe, unintended consequences include a rise in freight costs as some shipping companies have introduced surcharges to account for the now-extended transit times.
Read more: https://www.icocoffee.org/documents/cy2023-24/cmr-1223-e.pdf?mc_cid=94006c239a

A recent paper published in Matter magazine on December 6, 2023 has caught our and the coffee world’s attention. It describes that adding some water, just a few spritzes for personal use, to your beans before grinding can lead to less coffee grinds being wasted and a more consistent and even flow when pulling espresso shots. The paper is linked here and is not behind a paywall at the time of this blog post.

The paper details how static builds up inside your grinder. One type of static is due to the coffee’s contact with the burrs, and the other type of static is due to the coffee’s contact to the grinder and other beans. The authors argue that the static would lead to some coffee grinds flying away, as well as creating “boulders”. The paper proposes adding some water, which would reduce the amount of charge built up inside the grinder, allowing the coffee grinds to not become charged.

James Hoffmann, a coffee expert and a World Barista Champion, goes through the main highlights in his video. He discusses some of his concerns and questions relating to the paper.

Have you noticed any differences in terms of taste when adding water to your coffee before grinding? We’d love to hear your experiences. Please let us know what you thought on our Contact Us Form.

Arabica and Robusta arbitrage remains low as I-CIP volatility remains stable

• The ICO Composite Indicator Price (I-CIP) averaged 151.94 US cents/lb in October, a 0.8% decline from September 2023. The I-CIP posted a median value of 151.58 US cents/lb., having fluctuated between 145.99 and 160.09 US cents/lb.
Read more: https://www.icocoffee.org/documents/cy2023-24/cmr-1023-e.pdf?mc_cid=7dcc849115

Offerings

Green Coffee Spot Offer April 24, 2024

Please note all our bags are sold as they come packaged from origin in their original weight. We do not open and re-bag. Standard ICO weight for a bag is 132 lbs. However, other origins can have bag sizes from 110 lbs. to 154 lbs. All offers are subject to confirmation and prior sale. For Samples, Pricing and Shipping, please send us a request via email: coffee@kencaf.com or by giving us a call at TF: 1 (888) 853-6523 Local: (905) 415-0778

CAFÉ DE COLOMBIA	# Bags in Toronto	# Bags in Chicago
COLOMBIA EXCELSO	20	0
COLOMBIA SUPREMO 17/18	0	0

PRIMARY MILDS	# Bags in Toronto	# Bags in Chicago
HONDURAS SHG EP	100	0
PERU HB G1	50	40

BRAZIL + UNWASHED ARABICA	# Bags in Toronto	# Bags in Chicago
BRAZIL SANTOS 2/3 17/18 S FC	0	1

SECONDARY MILDS	# Bags in Toronto	# Bags in Chicago
BRAZIL GRINDERS SC 13/14	20	0

SPECIALTY + GOURMET	# Bags in Toronto	# Bags in Chicago
COSTA RICA FANCY TARRAZU LA PASTORA	100	0
GUATEMALA GENUINE ANTIGUA PASTORAL	100	0
INDIAN MONSOONED MALABAR AA	100	0
PAPUA NEW GUINEA PLANTATION SIGRI AA	30	0
PAPUA NEW GUINEA PLANTATION SIGRI A	100	0

DECAF	# Bags in Toronto	# Bags in Chicago
1/3 DECAF BLEND	80	0
COLOMBIA DECAF KVW	50	0
COLOMBIA SWP DECAF	10	0
ETHIOPIA DECAF	10	30

ORGANIC, FAIRTRADE ORGANIC & RFA	# Bags in Toronto	# Bags in Chicago
CONGO KIVU 4 ORGANIC	100	0
HONDURAS SHG EP FLO FT ORGANIC	100	0
MEXICO ORGANIC	100	0

ROBUSTA	# Bags in Toronto	# Bags in Chicago
BRAZIL CONILLON 3/4 SCREEN 18	100	2

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