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Vietnam: coffee exports fell sharply in 3/2015

Coffee Exports May 3/2015 55.1% decline compared to the same period last year.

xuat khau ca phe viet nam

According to the March report of the Centre for Information and Statistics of the Ministry of Agriculture and Rural Development has released today, Wednesday 25/3, said coffee exports estimated at 125,000 tonnes in January, with turnover tui khi reached $ 258 million, bringing the volume of coffee exports first 3 months of 2015 was estimated at 350,000 tons and worth 734 million, down 41.4% in volume and 37.3% in value compared to the first 3 months of exports in 2014.

Coffee prices average export first 2 months of 2015 reached $ 2,122 / ton, up 12.12% compared with 2014. Germany accounted for 17.95% US market share and accounted for 11.70% market share, continues to be two coffee markets of Vietnam's biggest in the first two months of 2015.

While industry and private commercial exports expected in March, only about 100,000 to 120,000 tons due to price resistance from farmers and traders in the domestic market, as referenced in the market price of Robusta London present at low levels.

Source giacaphe.com