Events
Coffee market rallies to 5-month high
Coffee prices strengthened significantly over the course of March 2016, despite faltering slightly towards the end of the month. Although somewhat attributable to market fundamentals, coffee was mostly swept up in a broader commodities cycle, with similar movements observed in other agricultural markets. Exports have maintained their high volumes, with total shipments so far this coffee year up 2% compared to 2014/15. However, speculation over potential supply concerns, particularly in Robusta, is mounting.