Price basis: The daily arithmetical
mean is taken of the ex-dock, prompt shipment prices for each growth in each
market separately, then weighted as shown below.
|
Colombian mild arabicas
|
New York
|
Colombian Excelso UGQ screen size 14
|
Bremen/Hamburg/Le Havre/Marseilles
|
Colombian Excelso European Preparation screen 15
|
Weighting
|
New York 46% Europe 54%
|
Other Mild arabicas
|
New York
|
Costa Rica Hard bean, , Guatemala
Prime Washed, Honduras High Grown,Mexico Prime Washed.
|
Bremen/Hamburg
|
El Salvador Strictly High
Grown, Guatemala Hard Bean, Honduras
High Grown European Preparation
|
Le Havre/Marseilles
|
Honduras High Grown European Preparation
|
Weighting
|
New York 40% Europe 60%
|
Brazilian and other natural arabicas (Brazilian naturals)
|
New York
|
Brazil Santos 3/4 screen
size 14/16
|
Bremen/Hamburg
|
Brazil Santos 2/3 screen size 17/18
|
Le Havre/Marseilles
|
Brazil Santos 3/4 screen size 14/16
|
Weighting
|
New York 24% Europe 76%
|
Robustas
|
New York
|
Indonesian EK Grade 4,
Uganda Standard, Viet Nam Grade 2
|
Le Havre/Marseilles
|
Cote d’Ivoire Grade 2,
Indonesian EK Grade 4, Uganda Standard, Viet Nam Grade 2
|
Bremen/Hamburg
|
Vietnam Grade 2
|
Weighting
|
New York 16% Europe 84%
|
ICO composite indicator
|
Composition and weighting:
Colombian milds: 12%
Other milds: 23%
Brazilian naturals: 31%
Robustas: 34%
The weighting of each group is reviewed every two years – for
full details of procedures see ICO Document EB 3776/01 Rev 1 of 28
March 2002 and Document WP-Council 203/10
|