Coffee beans have different values in different markets, depending on the type of coffee and the country it was grown.
The most expensive type of coffee is Colombiаn Milds (premium-quality Arabica grown in Kenya, Columbia, Tanzania). Further come Other Milds – Arabica from Central America, Mexico and some regions of Asia. The next type of coffee is Brazilian Naturals – Arabica grown in Brazil and other South American countries. And finally, the cheapest type of coffee is Rоbustаs.
In July the composite indicator of coffee prices declined from the high of 223.64 down to the low of 198.52 cents per pound.
During the first days of August the index was stable around 200 cents per pound. According to the Internationаl Coffee Orgаnization (ICO), on August 3rd Colombian Milds cost 274 cents per pound in the US and 272.59 c/p in Europe. Other Milds cost 257.6 c/p in the US and 255.59 c/p in the EU. Brazilian Naturals cost 109.67 c/p in the US and 104.43 c/p in Europe. The prices are still declining.
According to ’s Department of Commodity Trading, coffee lost a bit of its value due to the harvesting season. However, this year’s harvest isn’t abundant in Tanzania and Brazil.
