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The amount of coffee inventories are still about 300,000 tons

7 months of the year, exports reached only 788,000 tons of coffee with a turnover of $ 1.7 billion, down 30.5% in volume and 27% in turnover compared to the same period last year.

According to the Association of Vietnam Coffee Cocoa, cause exports fell sharply due to weather change, drought caused many coffee regions water shortage, were lost. Along with that, the number of old coffee growing, low-yield crop led to the 2014 - 2015 decreased by 20%.

Currently, the inventory of businesses and citizens to around 300,000 tonnes.

Coffee and Cocoa Association forecast, season 2015 - 2016, coffee production will continue to decline due to the Central Highlands provinces are facing drought, water resources are severely lacking, but some areas have rain low rainfall. Besides, the weather was unusually cold, coffee plants infected with "flu" when flowering, deciduous series.

Source Daidoanket