Breaking News

You are here » Indian-Commodity  :  Commodities  :  Coffee  :  Global coffee exports stood at 28.93 million bags in April-June quarter: ICO


Global coffee exports stood at 28.93 million bags in April-June quarter: ICO

In the April-June period of the current coffee year, global coffee exports recorded a marginal rise of 2% at 28.93 million bags, after witnessing a fall in shipments in the earlier two quarters, as per the data compiled by International Coffee Organization (ICO). Besides in the April-June quarter of the 2010-11 coffee year (October-September) period, the worldwide shipments of the brew stood at 28.42 million bags (of 60 kg each).

In the January-March quarter of the 2011-12 coffee year, coffee exports were reported down at 27.64 million bags compared to 28.13 million bags in the year-ago period. On the other hand, the shipments stood at 24.39 million bags in the October-December quarter of 2011-12 coffee year as against 24.74 million bags in the same period of the previous coffee year.

Meanwhile, shipments of coffee in June rose marginally by 5% to 9.58 million bags from 9.11 million bags in the same month of 2011 but on account of decline in the first two quarters, coffee exports were down in the October-June period of the present coffee year. Compared to 81.41 million bags in the first 9 months of 2010-11 coffee year, this year exports in the first 9 months stood at 81.16 million bags, a drop of 0.3%.

Further, the exports in the first half of the 2011-12 coffee year fell to 51.7 million bags as compared to 52.9 million bags in the October-March period of the 2010-11 coffee year. This fall of 2.3% was mainly on account of drop in shipments by Brazil and Columbia.

Related News

View all news

Coffee exports rises 8.08% to 3.61 LT in Jan-Nov period

The exports of coffee from India rose by 8.08% to 3.61 lakh tonnes (LT) in January-November 2017 compared to 3.34 LT in the same period of last year. India, Asia's third-largest producer and exporter,......

India's coffee output pegged at record 3.5 LT in 2017-18: Coffee Board

The production of coffee in India is projected to be at record 3.50 lakh tonnes (LT) in the 2017-18 marketing year on account of higher acreage. Of the total output of 3.50 LT, the Coffee Board estimates......

Coffee exports rises 11.5% to $92.42 million in April

The exports of coffee grew by 11.5% year-on-year and stood at $92.42 million in April this fiscal compared to exports worth $82.88 million in April last year. This growth in exports is on account of strong......

Top News

View all news

RITES to acquire 33% stake in IRSDC

RITES has received in principle approval to acquire stake of 33% Equity Shares in Indian Railway Station Development Corporation (IRSDC). The Board of Directors of the company at their meeting held on......

Govt in favour of alignment of capital adequacy norms with Basel III norms

Instead of present stricter guidelines which restrict the lending capacity of lenders, the government is of the view that the Reserve Bank of India (RBI) should resort to Basel III norms for capital adequacy......

Infosys, Ashok Leyland and Reliance Infrastructure to see some action today

Infosys will open its next Technology and Innovation Hub in the State of Texas and hire 500 American workers in the state by 2020. The Hub will be located in Richardson, Texas and have a special focus......