Jan
25
2012
First quarter coffee exports slip 15pc
Posted in News |
NEW DELHI JAN 17: INDIA’S coffee exports declined by 15 pc to 58,598 tonnes in the first three months of the ongoing 2011-12 coffee year according to the latest data.
The country had shipped 68,740 tonnes of the brew overseas in the October-December period of the 2010-11 coffee year (October-September) the Coffee Board data shows.Coffee exports from India were around 58,598 tonnes in the first quarter of the current coffee year a Coffee Board official said.
Data shows that coffee exports from India declined by 7pc to 20,000 tonnes in December 2011 from 21576 tonnes in the year ago period after witnessing a rebound in November,2011.India’s coffee exports had surged by 22pc to 19,403 tonnes in the corresponding year ago period.however overseas shipment of thee brew from Indai declined by 0 pc to 19,195 tonnes in October 2011,from 24,119 tonnes in the same period of the previous year.
Nevertheless,India’s coffee exports rose by 8 pc to an estimated 3.50 lakh tonnes in the 2011 calendar year from 2.74 lakh tonnes in the 2010 calendar year.in the 2010-11 fiscal overseas shipments of the brew rose by 50 pc to 2.94 lakh tonnes from 1.96 lakh tonnes in 2009-10 financial year.However the Coffee Board expects exports to be lower in the current fiscal.The board estimates coffee exports to decrease by 14pc to 2.40-2.50 lakh tonnes in the 2011-12 fiscal
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