Coffee Market Report October 2023
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