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Vietnam’s coffee traders see crop 10% down from a previous forecast

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.

DALLA CORTE
PENTAIR 2

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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