| Vietnam Dec coffee exports may triple to 150,000T-trade - RTRS |
|
06-Dec-2011 10:57 HANOI, Dec 6 (Reuters) - Vietnam's coffee shipment this month could rise to between 110,000 tonnes and 150,000 tonnes, from 50,000 tonnes exported in November, due to ample supply at the harvest peak and higher buying demand for robusta beans, traders said on Tuesday. "The shipment this month will contain newly harvested beans, with the volume from bonded warehouses accounting for a large part," a trader in Ho Chi Minh City said. Two traders estimated the shipment at 150,000 tonnes, but noted that exporters selling slowly in recent months may mean more stocks will have to leave foreign traders' bonded warehouses to meet overseas delivery commitments. A third trader projected December shipment at 110,000 tonnes, but said the figure could rise to 120,000 tonnes if Vietnamese growers sell faster in the second half of the month. (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 )) |