Association of Coffee Producing Countries


Also found in: Acronyms.

Association of Coffee Producing Countries

An international organization that attempted to influence global coffee prices much the way OPEC influences oil prices. It was unsuccessful in this mission and, as a result of financial problems, dissolved itself in 2002.
References in periodicals archive ?
The council of the Association of Coffee Producing Countries approved the plan which was submitted by the technical group and approved by all members," said Amaral.
The Association of Coffee Producing Countries (ACPC), which represents 14 of the main producing nations, has said it would recommend a retention scheme to the ACPC's ruling council' on May 8 and 9.
The Association of Coffee Producing Countries is studying a number of options to encourage a price recovery.
The historic meeting in Guatemala in May last year marked the first time all the Central American coffee organizations met together since Guatemala's controversial decision to abandon the export retention scheme of the Association of Coffee Producing Countries (ACPC) during the 1993/94 crop year, a decision which left the Central Americans divided in international coffee policy matters.
That would not be an impossible figure if - and it's a big, scary if - Brazil discards the quotas that the Association of Coffee Producing Countries has set.
We are approaching a national production of 30-33 million bags, and if we stick to the quota of the Association of Coffee Producing Countries, we'll have an extra 4-5 million bags to sell domestically.
Capitalizing on these higher prices, some countries, like Brazil, exceeded the export quota limit suggested by the Association of Coffee Producing Countries (ACPC).
Finally, in the fall of 1993, the producing countries got together to form their own organization, now known as the Association of Coffee Producing Countries, to try to control the price level of coffee by a retention scheme which was pegged to certain prices and could be as high as 20% of total exportable production to be reduced as prices rose.
Price levels were well over twice those of the 1989 - 1993 period, and it was surprising to the consuming countries that the Association of Coffee Producing Countries again introduced new, higher trigger prices in the winter and spring of 1995.
He also helped to set up the Association of Coffee Producing Countries.
This resulted in the uniting of about 40 producing country members in the formation of the association of coffee producing countries (ACPC) with Brazil receiving the presidency and headquarters.
Financial browser ?
Full browser ?