Forecasting the world coffee supply and demand balance is a tricky business – as can be judged from the spread of estimates for 2017-18, for which there no clear consensus even whether the market will see a surplus or a deficit.
To help investors inform their own views, Agrimoney draws together forecasts from a range of commentators, for both this season and last, which will be updated as fresh data come in.
|Estimates for world coffee supply and demand, 2017-18|
|Date of estimate||Organisation||World production (m bags)||World consumption (m bags)||Balance (m bags)|
|November 2017||Societe Generale||156.383||158.588||-2.205|
|October 2017||Marex Spectron||155.3||157.6||-2.3|
|Estimates for world coffee supply and demand, 2016-17|
|Date||Organisation||World production (m bags)||World consumption (m bags)||Balance (m bags)|
|November 2017||Societe Generale||157.436||155.563||+1.873|
|October 2017||Marex Spectron||157.3||155.3||+2|
(Source – https://www.agrimoney.com/news/live-table—world-coffee-supply-and-demand-estimates)