Coffee Output May Drop in 2010

Vietnam’s coffee output may decrease some 20 percent in the 2010 - 2011 crop compared with that in 2009 because of unfavourable weather conditions, Mr Luong Van Tu, President of the Vietnam Coffee and Cocoa Association, said at a recent Coffee Outlook Meeting held in Ho Chi Minh City.

 

Droughts and heavy rains cause a drop in production in 2010 and 2011 and a delay in pruning, he added, citing lengthy rains will force farmers to pick up coffees at least one month later than October as usual.

 

Mr Robert Simmons, a person in charge of coffee and cocoa at LMC International, global coffee export is very positive and is expected to generate revenue of US$16.5 billion thanks to higher prices. Although the figure is not official, it is expected a record export turnover to be set in 2010.

 

Due to a drop in Vietnam’s output, many foreign partners failed to take the advantage of this price hike.