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Vietnam coffee intelligence issued on 22/4/2011
27 | 04 | 2011
Due to the information about rising output, domestic coffee market is under pressure to reduce the prices; however, differing from forecast about 10% of output increase in this crop year, growth of coffee trees in Central Highlands– that makes up 80% of total coffee area in Vietnam – witness many difficulties due to drought and pest. According to local people, coffee output in this crop year is difficult to be higher than that of last crop. In addition, recently in Gia Lai, many growers have tended to replace coffee trees by pepper trees due to prices of pepper in markets. This information will soon influence and raising the domestic prices

Due to the information about rising output, domestic coffee market is under pressure to reduce the prices; however, differing from forecast about 10% of output increase in this crop year, growth of coffee trees in Central Highlands– that makes up 80% of total coffee area in Vietnam – witness many difficulties due to drought and pest. According to local people, coffee output in this crop year is difficult to be higher than that of last crop. In addition, recently in Gia Lai, many growers have tended to replace coffee trees by pepper trees due to prices of pepper in markets. This information will soon influence and raising the domestic prices

Highlights:

- Coffee production in Dak Nong: increasing cost in pesticide
- Many growers in Gia Lai is cutting down coffee trees to grow pepper trees
- Prices of fertilizers will increase in the coming time
- Prices of Arabica make a record high for the last 34 years
- The focus on world supply – demand this week
- Outlook for world and domestic markets

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