Search Result for : Coffee Exporters

The Dollar Business Bureau India’s coffee production is expected to decline because of untimely rain, Commerce Minister Nirmala Sitharaman said on Monday. However, she maintained that the consumption of India’s coffee varieties has increased. “Unfortunately, because of the lack of timely rain during the blossoming season of coffee, we expect that there will be a fall in the total output in the coming years too,” she said in a reply to the Lok Sabha. She, however, said that consumption of coffee of Indian varieties has increased as several domestic brands are themselves establishing outlets specifically in the northern region of India, where the habit of coffee drinking is less compared to theSouth. The commerce minister stated that India has only 2 percent of the coffee ...

The Dollar Business Bureau Uncertainty looms large over India’s coffee exports in the wake of falling coffee prices globally following the forecast suggesting bumper crop in Brazil and Vietnam, the two major coffee producers and exporters of the world. With coffee harvest of Brazil to be better-than-expected in the coming season, the prices in the international market are likely to move further downwards. This comes as a bad news for the Indian exporters since a high production from the two coffee majors will leave them with limited demand overseas. According to the industry players, the unexpected high production from Brazil has upset the calculations. “Brazil traditionally has harvested its coffee on a two-year cycle, between ‘on’ and ‘off’ years. Since last season ...