COFFEE COMMODITY WORLD DEVELOPMENT
Coffee became an important commodity in international trade during the 19th century. Since then the coffee trade losses due to excess inventory (over supply) and low prices, followed by periods of Relatively short from a lack of supply (short supply) and high prices.
Coffee prices may fluctuate, sometimes dramatically, depending on supply, weather and economic conditions. Not long after the Korean war coffee prices rose at a rate Unprecedented. However, in the second half of the 1950s and early 1960s, coffee prices dropped drastically. This situation leads to an inter-governmental initiative to stabilize the market and stop decline in coffee prices, which have political and economic consequences are serious for a large number of coffee producing countries in Latin America and Africa.
For most developing countries, the commodity coffee plays an important role in supporting the economy, both as foreign exchange earners as well as people's livelihoods. Currently classified as state Indonesia's third largest coffee producer after Brazil and Colombia and the countries of Robusta coffee producers in the world's largest. (See table coffee production and consumption of the world)