1、Coffee Market Report December 2022 1 Coffee prices close 2022 on a stable note,coalescing at around 160 US cents/lb The ICO Composite Indicator Price(I-CIP)gained 0.3%from November to December 2022,averaging 157.19 US cents/lb for the latter,whilst posting a median value of 157.73 US cents/lb.Averag

2、e prices for all group indicators remained stable,with a slight increase in December 2022.The Colombian Milds-Other Milds differential sprung back up 48.2%to 13.88 US cents/lb.The arbitrage between the New York and London Futures gained 0.2%,closing in at 82.26 US cents/lb in December 2022 up from 8

3、2.13 US cents/lb in November 2022.Intra-day volatility of the I-CIP decreased 0.2 percentage points between November and December 2022,reaching 9.1%.The New York certified stocks increased by 46.6%from the previous month,closing in at 0.87 million 60-kg bags,whilst certified stocks of Robusta coffee

4、 reached 1.08 million 60-kg bags,representing a decrease of 25.5%.Global green bean exports in November 2022 totalled 9.21 million bags,as compared with 8.31 million bags in the same month of the previous year,up 10.8%.Green bean exports of the Brazilian Naturals bounced back sharply in November 202

5、2,rocketing up by 34.5%to 3.67 million bags.Green bean exports of Robustas amounted to 3.58 million bags in November 2022,as compared with 3.17 million bags in November 2021.Shipments of the Other Milds decreased by 15.1%in November 2022 to 1.1 million bags from 1.29 million bags in the same period

6、last year.Exports of the Colombian Milds decreased by 22.8%to 0.86 million bags in November 2022.In November 2022,South Americas exports of all forms of coffee increased by 4.7%to 4.96 million bags.Exports of all forms of coffee from Asia&Oceania increased by 19%to 3.78 million bags in November 2022