Robusta prices in Vietnam’s domestic coffee market today November 17 lost 100,000 dong against yesterday to settle at 38.2 million dong a tonne on London and New York futures coffee markets drop. Coffee prices on both the exchanges of London and New York simultaneously decreased along with the declines in other commodities and materials as [...]
Vietnam Cocoa and Coffee Association (Vicofa) reported that unfavourable weather affected the 2011-2012 coffee harvesting in Vietnam but the supply will be plentiful from December instead of forecasted October of growers, according to Dan Viet Online. Earlier, experts predicted that Vietnam’s coffee output in the coming crop will reach 21 million 60-kg bags, up 13.5% [...]
Coffee growers in Vietnam, the world’s largest producer of the robusta variety, harvested about 20 percent of the crop for the 2011-12 season started last month, according to Archer Consulting. Farmers in the Southeast Asian nation are drying beans and increasing sales after rains delayed the start of harvesting, Volcafe, the coffee unit of commodities [...]
Vietnam has a record high coffee export turnover in 2010-2011. However, the good news has been shadowed by a lot of big worries about the coffee quality problems and the disappearance of many exporters. The growth unsustainable The coffee output of the 2010-2011 crop reached 1.1 million tons, which allowed to bring the record high [...]
A large number of enterprises insist that the regulation on conditions to export coffee is merely an administrative measure and that it doesn’t help solve the industry’s problems. This view was shared by many traders at the conference to review the 2010-2011 crop and suggest guidelines for the next crop held by the Vietnam Coffee [...]
The coffee crop in Vietnam, the world’s largest producer of the robusta variety, will be 9.5 percent higher than a previous estimate in the season started last month, according to researcher CoffeeNetwork. The nation will produce a record 23 million bags of 60 kilograms (132 pounds) in 2011-12, said Andrea Thompson, the Belfast, Northern Ireland-based [...]
Coffee exports are expected to drop for the 2011-12 crop to 1.1 million tonnes of coffee, due to a fall in output and depleted stock, according to the Viet Nam Coffee and Cocoa Association (Vicofa). “Viet Nam’s 2011-12 coffee crop may have an output of 1.1 million tonnes, a reduction of nearly 200,000 tonnes over [...]
Forecast by foreign coffee organisations on Vietnam’s coffee output saying that it is to increase highly in the crop year 2011-12 is not accurate and is adversely affecting the volatility of coffee prices in the domestic market. Luong Van Tu, chair of Vietnam Coffee and Cocoa Association (Vicofa), said in the sidelines of the reviewing [...]
The Bank for Agriculture and Rural Development (Agribank) has pledged to provide VND5 trillion ($250 million) in loans for businesses to purchase coffee from farmers for the 2011-2012 crop. Agribank signed a cooperative agreement with the Vietnam Coffee and Cocoa Association (Vicofa) to boost coffee development and exports. Nguyen Ngoc Bao, chairman of the Agribank [...]
The Bank for Agriculture and Rural Development (Agribank) has pledged to provide VND5,000 billion in loans for businesses to purchase coffee from farmers for the 2011-2012 crop. Agribank signed a cooperative agreement with the Vietnam Coffee and Cocoa Association (Vicofa) to boost coffee development and exports. Nguyen Ngoc Bao, Chairman of the Agribank Board of [...]
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