Wednesday 29 May 2024
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Brazil: CNC sees stocks shrinking to record low

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  • Dalla Corte
TME - Cialdy Evo

MILAN – Brazilian ending coffee stocks are expected to fall to a record low, according to the National Coffee Council (CNC), the country’s biggest organisation representing coffee producers. Inventories in Brazilian storage facilities as of March 31st are likely to fall in a range between 4 and 6 million bags.

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