MILAN – Coffee traders in Vietnam lowered their forecasts for the current crop year by 10 percent, according to a survey led by Reuters.
They now expect an output of about 27 million for the 2018/19, down from earlier forecasts of 30 million bags.
Vietnam’s coffee exports for the month of January are expected to reach between 150,000 tonnes and 180,000 tonnes, compared with an estimated 160,000 tonnes in December.
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