Vietmam exported about 100,000 tonnes of coffee in November, earning a value of US$145 million, according to the Ministry of Agriculture and Rural Development.In November, the export volume and value were nearly double the previous month, the ministry said.
These numbers increased the coffee export volume and value in 11 months to 1.04 million tonnes and [...]
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A blog about product sourcing in Vietnam
coffee
More coffee exported, but prices down
Coffee exporters want up front cash
About 20 coffee exporters of the Vietnam Coffee Club have decided to insist on a cash-up-front method of charging to avoid heavy losses caused by the drop in coffee prices.
Previously the price was set on settlement day, which could be several weeks after the coffee was exported. By that time the price [...]
Vietnam Association Raises 2009-10 Coffee Output Forecast
A Vietnam Coffee and Cocoa Association official said Monday the country’s coffee output for the 2009-10 crop year to Sept. 30 won’t fall as much as it previously expected, bringing its forecast in line with those of most market participants.
The latest estimate is for a 10%-15% drop in output from last year, mainly because of [...]
Asian Coffee Prices Steady; Harvest in Vietnam Delayed
Coffee prices in Asia were steady in the week to Friday, with little new crop traded in Vietnam, as an earlier typhoon delayed the ongoing harvest.
“The harvest has been delayed by Typhoon Mirinae. It may take another 10 days for the beans to arrive,” said a trader at an agricultural commodities trading house in Vietnam.
Cash [...]
Coffee Falls in London as Vietnam’s Harvest May Provide Buffer
Robusta coffee fell on speculation the crop in Vietnam, the world’s biggest grower of the beans, will provide a buffer as a tropical storm warning was called for New Orleans, home of almost a fifth of arabica bean stockpiles.
The harvest in Vietnam that started Oct. 1 moves into “full swing” from late November, with output [...]
Exports to Spain rise 4.9 percent
Vietnam earned €554.5 million from exports to Spain in the first seven months of this year, up 4.9 percent compared to last year’s same period.
The country’s major exports included footwear, garments and materials, coffee, seafood, leather products and wooden furniture, according to the Spanish Customs.
Meanwhile, Vietnam’s imports from Spain stayed at almost €61.5 million, a [...]
