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Home arrow News arrow Vietnam 2012 coffee export to fall to 1 mln T-Vicofa - RTRS
Vietnam 2012 coffee export to fall to 1 mln T-Vicofa - RTRS

Today 10:59

    HO CHI MINH CITY, Dec 8 (Reuters) - Vietnam's coffee exports next year is forecast to fall 16.7 percent to 1 million tonnes, as more coffee is used at home to serve drinkers of the beverage and for more processing of instant coffee, a senior industry official said on Thursday.

    "The export volume will fall because of rising domestic consumption and production of instant coffee," Chairman Luong Van Tu of the Vietnam Coffee and Cocoa Association said. He was referring to the calendar year ending December.

    Consumption in Vietnam, a country of more than 87 million people, would rise to 100,000 tonnes, or 8 percent of the 1.2 million tonnes under the 2011/2012 crop year, from 7 percent in the past, Tu earlier told an international coffee conference.

 (Reporting by Ho Binh Minh; Editing by Ramthan Hussain)  (( This e-mail address is being protected from spam bots, you need JavaScript enabled to view it )(+844 3825 9623)(Reuters Messaging: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ))

Keywords: VIETNAM COFFEE/EXPORT

 

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