Brazil espresso exports fall 2.7% in March to three.06 mln luggage -report

HomeStock

Brazil espresso exports fall 2.7% in March to three.06 mln luggage -report


Includes particulars of report, desk and feedback

NEW YORK, April 12 (Reuters)Brazil exported 3.06 million 60-kg luggage of inexperienced espresso in March, 2.7% lower than in the identical month a 12 months earlier, exporters affiliation Cecafe mentioned in a month-to-month report on Monday.

Shipments of arabica espresso fell 6.3% in March to 2.71 million luggage, whereas exports of robusta espresso elevated 38% to 351,735 luggage, the business group mentioned (see desk under).

Cecafe’s head Nicolas Rueda noticed as optimistic the information for the month, regardless of the small discount within the quantity, saying the sector is coping with challenges.

He mentioned there was nonetheless a restricted provide of containers for espresso exporters who’re having to plan nicely to have shipments delivered on time.

However the Cecafe head sees a discount of month-to-month volumes within the new season that begins in July, because of the truth the nation will harvest a a lot smaller crop this 12 months within the off-year of arabica’s biennial manufacturing cycle.

BRAZILIAN COFFEE EXPORTS (mln 60-kg luggage)

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.



www.nasdaq.com