Volatile coffee prices: Covid-19 and market fundamentals

Over the past three months, coffee prices have experienced multiple spikes and high volatility. This is in contrast to world market prices of major staple foods, which have remained relatively stable. While experts initially attributed the instability of coffee prices to supply-side uncertainty and...

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Autores principales: Hernandez, Manuel A., Pandolph, Rebecca, Sänger, Christoph, Vos, Rob
Formato: Informe técnico
Lenguaje:Inglés
Publicado: International Coffee Organization 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/143123
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author Hernandez, Manuel A.
Pandolph, Rebecca
Sänger, Christoph
Vos, Rob
author_browse Hernandez, Manuel A.
Pandolph, Rebecca
Sänger, Christoph
Vos, Rob
author_facet Hernandez, Manuel A.
Pandolph, Rebecca
Sänger, Christoph
Vos, Rob
author_sort Hernandez, Manuel A.
collection Repository of Agricultural Research Outputs (CGSpace)
description Over the past three months, coffee prices have experienced multiple spikes and high volatility. This is in contrast to world market prices of major staple foods, which have remained relatively stable. While experts initially attributed the instability of coffee prices to supply-side uncertainty and market tightening, the covid-19 pandemic seems to have aggravated coffee’s price fluctuations. The novel coronavirus represents an unprecedented joint supply and demand shock to the global coffee sector, constituting an enormous challenge to coffee growers, farm workers, and downstream value chain actors. These various supply and demand impacts will be felt at different points in time further contributing to global market uncertainties and the ongoing price volatility. The pandemic may also have major implications for poverty and food insecurity for the world’s 25 million coffee producers, most of whom are smallholders in low- and middle income countries that are unprepared to respond to a public health crisis of this proportion.
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spelling CGSpace1431232025-11-06T07:15:45Z Volatile coffee prices: Covid-19 and market fundamentals Hernandez, Manuel A. Pandolph, Rebecca Sänger, Christoph Vos, Rob value chains market prices agricultural products covid-19 markets trade coffee price volatility food prices Over the past three months, coffee prices have experienced multiple spikes and high volatility. This is in contrast to world market prices of major staple foods, which have remained relatively stable. While experts initially attributed the instability of coffee prices to supply-side uncertainty and market tightening, the covid-19 pandemic seems to have aggravated coffee’s price fluctuations. The novel coronavirus represents an unprecedented joint supply and demand shock to the global coffee sector, constituting an enormous challenge to coffee growers, farm workers, and downstream value chain actors. These various supply and demand impacts will be felt at different points in time further contributing to global market uncertainties and the ongoing price volatility. The pandemic may also have major implications for poverty and food insecurity for the world’s 25 million coffee producers, most of whom are smallholders in low- and middle income countries that are unprepared to respond to a public health crisis of this proportion. 2020-04-01 2024-05-22T12:12:05Z 2024-05-22T12:12:05Z Report https://hdl.handle.net/10568/143123 en Open Access application/pdf International Coffee Organization International Food Policy Research Institute Hernandez, Manuel A.; Pandolph, Rebecca; Sänger, Christoph; and Vos, Rob. 2020. Volatile coffee prices: Covid-19 and market fundamentals. Coffee Break 2. London, U.K.; and Washington, DC: International Coffee Organization; and International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.133746.
spellingShingle value chains
market prices
agricultural products
covid-19
markets
trade
coffee
price volatility
food prices
Hernandez, Manuel A.
Pandolph, Rebecca
Sänger, Christoph
Vos, Rob
Volatile coffee prices: Covid-19 and market fundamentals
title Volatile coffee prices: Covid-19 and market fundamentals
title_full Volatile coffee prices: Covid-19 and market fundamentals
title_fullStr Volatile coffee prices: Covid-19 and market fundamentals
title_full_unstemmed Volatile coffee prices: Covid-19 and market fundamentals
title_short Volatile coffee prices: Covid-19 and market fundamentals
title_sort volatile coffee prices covid 19 and market fundamentals
topic value chains
market prices
agricultural products
covid-19
markets
trade
coffee
price volatility
food prices
url https://hdl.handle.net/10568/143123
work_keys_str_mv AT hernandezmanuela volatilecoffeepricescovid19andmarketfundamentals
AT pandolphrebecca volatilecoffeepricescovid19andmarketfundamentals
AT sangerchristoph volatilecoffeepricescovid19andmarketfundamentals
AT vosrob volatilecoffeepricescovid19andmarketfundamentals