PNG Coffee Production & Export Statistics

     1.0 Introduction The Industry Operations Division of the Corporation is mandated to perform the regulatory function, corporate services and publish reports on the international and domestic market trends and developments. The core activities of the division are Licensing, Inspections, Export and Quality Controls, Economics, Marketing and Promotions. The division also provides other important support services to the Corporation including finance, human resource management, properties and general administration. The Corporation’s Economics section is primarily responsible for collection, compilation and[…]

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Weekly Market Report – 06th November 2016

As anticipated, coffee prices came under pressure during the first two days of the week as rain continued to fall throughout the coffee growing regions of Brazil. But continued buying, mainly by speculators and the Funds, spurred on by the shortage of conilons in Brazil and reports of extremely low carryover stocks, reversed the downward march and began to push prices back upwards during the latter half of the week. Arabica coffee prices finished the week 5.95 cents/lb higher while[…]

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Weekly Market Report – 30th October 2016

A strengthening Brazilian Real together with weather concerns for both Brazil and Vietnam as well as the news that conillon prices are now trading at a premium to low quality arabicas in the internal Brazilian market, all combined to push coffee prices a lot higher this week. Arabica coffee prices gained 9.35 cents/lb. Robusta coffee prices although originally dragged upwards by the rise in New York, did not rise by anywhere near the same extent and only made $34/ton (1.5[…]

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Weekly Market Report – 31st July 2016

It was a fairly lacklustre week until Friday when encouraging export figures from the ICO plus a weaker US dollar combined to push prices higher. Arabica coffee prices gained 4.5 cents/lb over the week but 90% of that was on Friday alone, while robusta gained $48/ton (2.2 cents/lb). This should mean that roadside parchment coffee prices in Papua New Guinea will probably be between 12 and 16 toea/kg higher in the week to come.The latest data from the ICO showed[…]

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Weekly Market Report – 10th April 2016

Not a great week for the arabica market which has been pressurised by falling exchange rates in many origins, most notably Brazil but also by a higher than anticipated forecast of the upcoming crop in Brazil by IBGE. Arabica coffee prices lost 6.8 cents/lb over the week. Robusta prices, however, did not follow arabica down and have been supported by concerns over the damage caused to the Conillon crop by the extended dry period in these regions as well as[…]

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Weekly Market Report – 21st February 2016

With the arabica coffee market closed on Monday for President’s Day and very little fresh fundamental news, it was a relatively quiet week on both coffee markets this week. Coffee prices initially rose along with other commodities as the US dollar weakened, but fell back when the dollar rallied and the Brazilian Real weakened further. Arabica coffee prices finished the week 1.1 cents/lb lower, while robusta coffee prices lost $13/ton (0.6 cents/lb).The Mexican Coffee Association (Amecafe) has said that the[…]

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Weekly Market Report – 10th January 2016

External factors, notably the decline in the value of the Brazilian Real and the Chinese Yuan, rather than fundamental considerations, probably played a bigger part in determining the development of coffee prices this week, although news that Colombia had a bumper crop last year certainly played a small part. Consequently it was a bad week for coffee prices with arabica coffee losing 7.6 cents/lb over the week while robust lost $55/ton (2.5 cents/lb). For Papua New Guinean coffee growers this[…]

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Weekly Coffee Price

The weekly marketing information compiled by the Economics section is an important publication as it provides information on weekly market trading prices for coffee both locally and nationally. The following is weekly market information published: Weekly Market Report Weekly Coffee Price Information on local trading price of coffee around Papua New Guinea. The following are the market prices. 2017{loadposition 2017weeklycoffeeprice}      2016   {loadposition weeklycoffeeprice}   Weekly Coffee Price for Previous Years. 2015 Weekly Coffee Price 2014 Weekly Coffee Price  

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Statistics

The Economics section of the CIC is responsible for the compilation of statistical data for the industry. It has two major publications and they are: Weekly Market Information Production & Export Statistics

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