Coffee cocoa Futures Prices - Indian coffee exports august 2015 : The Indian coffee exports, for the current calendar year, have registered a marginal growth for the first time, on increase in shipments of robustas and the soluble or instant variety.
According to provisional numbers, total export permits issued by the State-run Coffee Board have exceeded the last year’s levels for the first time and were pegged at 2.159 lakh tonnes (lt) for the January 1 to August 19 period against 2.151 lt in the corresponding period last year.
However, the green bean coffee exports continue to trail the last year’s levels largely on account of a 33 per cent drop in Arabica shipments, despite the robustas registering a 21 per cent growth.
Green coffee trails
Also, the soluble coffee shipments measured in green bean equivalent stood at 60,842 tonnes, including the re-exports that grew 18 per cent for the period.
“We expect the shipments to maintain a small growth for the rest of the year,” said Ramesh Rajah, President of Coffee Exporters Association.
“The coffee held back by the growers anticipating better prices, would come out into the market over the next couple of months before the arrival of new crop,” he added.
The Arabica harvest this year is likely to be advanced by a couple of weeks to September as the early rains have boosted the prospects for coffee.
The Board, in its initial estimates, pegged the crop size for 2015-16 crop year starting October at 3.55 lt – a growth of 8.75 per cent over previous year’s 3.27 lt.
Arabica crop size for 2015-16 is pegged at 1.10 lt – up 12.55 per cent over 2014-15’s final estimate of 97,700 tonnes.Robusta crop size is estimated to expand to 2.45 lt, a growth of 7 per cent over previous year.
According to provisional numbers, total export permits issued by the State-run Coffee Board have exceeded the last year’s levels for the first time and were pegged at 2.159 lakh tonnes (lt) for the January 1 to August 19 period against 2.151 lt in the corresponding period last year.
However, the green bean coffee exports continue to trail the last year’s levels largely on account of a 33 per cent drop in Arabica shipments, despite the robustas registering a 21 per cent growth.
Green coffee trails
Also, the soluble coffee shipments measured in green bean equivalent stood at 60,842 tonnes, including the re-exports that grew 18 per cent for the period.
“We expect the shipments to maintain a small growth for the rest of the year,” said Ramesh Rajah, President of Coffee Exporters Association.
“The coffee held back by the growers anticipating better prices, would come out into the market over the next couple of months before the arrival of new crop,” he added.
The Arabica harvest this year is likely to be advanced by a couple of weeks to September as the early rains have boosted the prospects for coffee.
The Board, in its initial estimates, pegged the crop size for 2015-16 crop year starting October at 3.55 lt – a growth of 8.75 per cent over previous year’s 3.27 lt.
Arabica crop size for 2015-16 is pegged at 1.10 lt – up 12.55 per cent over 2014-15’s final estimate of 97,700 tonnes.Robusta crop size is estimated to expand to 2.45 lt, a growth of 7 per cent over previous year.
Indian Coffee Prices august 2015, arabaica coffee prices in india 2015, Robusta coffee Prices in india august 2015, indian coffee harvest 2015, Indian coffee shipments 2015
0 Response to "Indian coffee exports august 2015"
Post a Comment