HomeAsiaBrazil coffee exports drop 29% in September due to shipping bottlenecks -...

Brazil coffee exports drop 29% in September due to shipping bottlenecks – India Times English News

NEW YORK: Brazil’s green coffee exports fell 29% from a year earlier in September to 2.74 million 60 kg bags, exporters association Cecafe said on Wednesday, as shipping difficulties continued to disrupt the flow of the commodity.

Cecafe’s head, Nicolas Rueda, said there has been no change regarding shipping, with exporters struggling to obtain bookings for containers and vessels, as well as repeated loading postponements from shipping companies. Is.

“There is intense competition among exporters to secure containers and book loading. And all this is very costly,” Rueda said in a statement, adding that the situation is testing the planning capacity of exporters.

He said importers in major consuming countries such as the United States, Brazil’s top customer, are also having to manage supply chain disruptions.

Brazilian Arabica coffee exports fell 24% to 2.42 million bags, while shipments of Robusta coffee, the type used in the blends and instant coffee industry, fell 51% to just 326,045 bags.

Robusta coffee is in strong demand in Brazil’s domestic market as Arabica prices hit an all-time high since the July frost, as roasters increase the use of that coffee in their blends.

In addition to being the world’s largest exporter of coffee, Brazil is the second largest consumer of the beverage after the United States.

Disclaimer: This post has been self-published from the agency feed without modification and has not been reviewed by an editor

read all breaking news, breaking news And coronavirus news Here. follow us on Facebook, Twitter And wire.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments