Saturday 13 July 2024
  • La Cimbali

Vietnam’s coffee export to drop by almost 9% in 2020, shipments are delayed by the bad weather

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MILAN – Coffee exports from Vietnam are expected to decrease by 8.8% to 1.511 million tonnes, or 25.2 million bags in 2020, according to the latest figures from the country’s General Statistics Office (GSO).

Coffee shipments for the month of December should reach 85,000 tonnes worth $170 million, said the same source.

In other news, the National Weather Agency in Vietnam said last week that Vietnam’s Central Highlands, the country’s major coffee-growing region, might receive as much as 20% to 40% more rain than the long-term average in December.

Typhoon Molave late last month slammed into Vietnam, the world’s largest producer of robusta coffee.

It damaged crops and infrastructure in the Central Highlands of Vietnam, which will delay Vietnam’s coffee harvest.

Cloudy weather and humidity impeded the drying process, said a trader based in Vietnam’s coffee belt region of Central Highlands was quoted as saying by Reuters.

Coffee prices in the domestic market edged up last week, due to unfavourable weather, reports Reuters.

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