International Coffee Agreement Enters into Force

The 2007 International Coffee Agreement, which governs international cooperation on coffee matters, will enter into force on February 2nd, 2011.

Tuesday, February 8, 2011

This is the seventh International Coffee Agreement since 1962 and will last ten years, with the possibility of an extension for another eight years.

The agreement aims at strengthening the global coffee sector and promotes its sustainable expansion in a market environment for the benefit of all industry participants.

Important innovations are a new chapter on the development and financing of coffee projects and the establishment of a Consultative Forum on Coffee Sector Finance, will meet the needs in the coffee sector for greater access to information on topics related to finance and risk management.

You can find the text of the new agreement and more information at:

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Coffee: Global Report up to December 2014

January 2015

In December 2014 coffee prices continued to fall, and the monthly average indicative price calculated by the International Coffee Organization was the lowest since February.

From 'Coffee Market Report - December 2014' by the International Coffee Organization (ICO):

The coffee market ended 2014 with the lowest level in ten months

The Coffee Market in April 2013

June 2013

The price indicator of the ICO composite fell by 1.4% in April, despite a brief recovery having been observed at mid-month, and recorded the lowest monthly average in three years. 

From the monthly report on the coffee market up to April 2013 by the International Coffee Organization:

Icafé Presses Assembly for Approval of ICO Agreement

July 2009

The 2007 International Coffee Agreement regulates the relationship between ICO member countries.

The Costa Rican Coffe Insitute, known in Spanish as Icafé, requested the Legislative Assembly to approve as soon as possible the International Coffee Agreement 2007, from the International Coffee Organization. September 2009 is the deadline for Costa Rican approval of the document.

Honduras subscribes to the International Coffee Agreement

July 2008

The Government of Honduras has signed the 2007 International Coffee Agreement, which regulates relations between the member countries of the World Trade Organization.

The Honduras Ambassador to Britain, Martínez Romero, emphasized the active and constructive role that Honduras has played in the International Coffee Organization.

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