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Vietnam coffee intelligence issued on 8/4/2011
14 | 04 | 2011
AGROINFO - As reported by ICO, “exporters are increasing consumption in 2011; meanwhile, the supply is likely exhausted due to poor harvest”. Brazil has increased its consumption up 5% while Vietnam is predicted to raise 370,000 bags consumed this year. However, it is forecast that movement of coffee markets might tend to decrease in Apr this year due to improved supply as Brazil and Indonesia begin their harvest.

As reported by ICO, “exporters are increasing consumption in 2011; meanwhile, the supply is likely exhausted due to poor harvest”. Brazil has increased its consumption up 5% while Vietnam is predicted to raise 370,000 bags consumed this year. However, it is forecast that movement of coffee markets might tend to decrease in Apr this year due to improved supply as Brazil and Indonesia begin their harvest.

Highlights:

- Gia Lai’s coffee production – lack of water for irrigation, lower output than expected.
- An abundant harvest of Arabica coffee to be predicted in Dien Bien.
- Official announcement from suppliers: Price of Kali fertilizer to increase from Apr 1, 2011
- Latest forecast from many countries about coffee output in 2010/11 crop year.
- In world market, coffee supply to accelerate in early 2011.
- Increasing demand in exporting countries

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