1、Coffee Market Report September 2022 1 I-CIP remains range bound since March,averaging 197.13 US cents/lb for the seven months The ICO Composite Indicator Price(I-CIP)lost 0.2%from August to September 2022,averaging 199.63 US cents/lb for the latter,whilst posting a median value of 198.43 US cents/lb
2、.Average prices for all groups indicators decreased in September 2022,except for the Robustas.The Brazilian Naturals-Robusta differential took the hardest hit from August to September 2022,retracting 3.6%from 112.26 to 108.23 US cents/lb as growth of Robustas outpaced the Brazilian Naturals.The arbi
3、trage,as measured in between the New York and London Futures markets shrunk by 1.7%,falling to 117.74 US Cents/lb in September 2022 from 119.79 US cents/lb in August 2022.Intra-day volatility of the I-CIP decreased 2.0 percentage points between August and September 2022,reaching a low of 8.3%.The Ne
4、w York certified stocks decreased 37.2%from the previous month,closing in at 0.45 million bags,whilst certified stocks of Robusta coffee reached 1.59 million bags,representing a decrease of 0.8%.Global exports of green beans in August 2022 totalled 8.83 million bags,compared with 9.17 million bags i
5、n the same month of the previous year,down 3.7%.Total exports of soluble coffee increased by 13.2%in August 2022 to 0.98 million bags from 0.87 million bags in August 2021.In October 2021 to August 2022,South Americas exports of all forms of coffee decreased by 23.3%to 50.46 million bags.Exports of
6、all forms of coffee from Asia&Oceania increased by 2.7%to 3.25 million bags in August 2022,but were down 1.5%to 40.86 million bags in the first 11 months of coffee year 2021/22.In August 2022,exports of all forms of coffee from Mexico&Central America were down 7.4%to 1.19 million bags as compared wi