Rain slows Vietnam coffee harvest
Rainfall in Vietnam's coffee belt has delayed the harvest and disrupted drying in the world's top robusta producer, but fresh beans plus the country's huge stocks will be sufficient for loading, traders said on Tuesday.
Posted date: 06/11/15
30% DECREASE IN VIETNAM COFFEE EXPORT AND PRODUCTION
According to preliminary statistics of the General Department of Customs of Vietnam, the export volume for the first 7 months of 2015 is expected to reach 788,000 tons only with a turnover of 1,700 million USD, down 30.5% in volume and 27% in value over the same period last year. Meanwhile, the export volume for the first 10 months of 2014/15 crop year is expected to reach only 983,000 tonnes with a turnover of 2,359 million USD, down 30.1% in volume and 17.1% in turnover compared to the same previous year.
Posted date: 27/10/15
Vietnam robusta coffee beans stockpiles at three-year low
Coffee growers in Vietnam, the top producer of robusta beans used by Nestle, are probably holding the smallest stockpiles in three years after rising prices boosted sales, signalling a shortage in global supplies.
Posted date: 13/09/14