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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 (03-Aug-2012)

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.


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