VN
coffee output likely to slow
HA NOI -
Viet Nam, the world's second largest coffee exporter, will likely see output
drop by 20 percent next year as bad weather and old trees undermine
production, growers said.
Coffee farmers expect to produce
about 1.3 million tonnes of beans during the year starting in October, down
from 1.6 million tonnes grown during the last 12 months, the Viet Nam Coffee
and Cocoa Association (Vicofa) said.
A long-lasting severe drought in the
Another reason for the drop in
coffee production has been low efficiency due to ageing coffee trees and a
slow progress in replanting coffee trees.
Vicofa estimates that more than
120,000 ha of ageing coffee trees in the Central Highlands provinces need to
be replanted by 2020. However, farmers and businesses in the region have not
been able to replant coffee trees on a large area due to a lack of capital.
Some farmers are holding around
200,000 tonnes of bean harvested from the current crop year to wait for
better prices, Vicofa said.
In the first eight months of the
year, coffee shipments reached 874,000 tonnes for an export value of $1.8
billion, down 33 per cent in both volume and value against the same period
last year, the country's General Statistics Office said.
Coffee output has also dropped in
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Chủ Nhật, 13 tháng 9, 2015
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