AGL 38.15 Increased By ▲ 0.90 (2.42%)
AIRLINK 121.51 Decreased By ▼ -2.51 (-2.02%)
BOP 5.85 Increased By ▲ 0.23 (4.09%)
CNERGY 3.75 Increased By ▲ 0.03 (0.81%)
DCL 8.40 Increased By ▲ 0.15 (1.82%)
DFML 40.89 Increased By ▲ 0.62 (1.54%)
DGKC 84.60 Decreased By ▼ -1.14 (-1.33%)
FCCL 32.70 Increased By ▲ 0.10 (0.31%)
FFBL 65.50 Decreased By ▼ -1.00 (-1.5%)
FFL 10.05 Decreased By ▼ -0.11 (-1.08%)
HUBC 103.80 Increased By ▲ 0.70 (0.68%)
HUMNL 13.25 Decreased By ▼ -0.15 (-1.12%)
KEL 4.43 Increased By ▲ 0.18 (4.24%)
KOSM 7.09 Decreased By ▼ -0.09 (-1.25%)
MLCF 37.50 Decreased By ▼ -0.80 (-2.09%)
NBP 60.25 Decreased By ▼ -4.76 (-7.32%)
OGDC 172.25 Decreased By ▼ -1.55 (-0.89%)
PAEL 24.80 Decreased By ▼ -0.10 (-0.4%)
PIBTL 5.70 Decreased By ▼ -0.10 (-1.72%)
PPL 141.69 Decreased By ▼ -1.01 (-0.71%)
PRL 22.72 Decreased By ▼ -0.26 (-1.13%)
PTC 14.74 Decreased By ▼ -0.37 (-2.45%)
SEARL 64.56 Decreased By ▼ -0.79 (-1.21%)
TELE 7.14 Increased By ▲ 0.14 (2%)
TOMCL 35.50 Decreased By ▼ -1.41 (-3.82%)
TPLP 7.29 Decreased By ▼ -0.05 (-0.68%)
TREET 14.20 Decreased By ▼ -0.08 (-0.56%)
TRG 51.75 Increased By ▲ 2.05 (4.12%)
UNITY 26.60 Increased By ▲ 0.45 (1.72%)
WTL 1.22 Decreased By ▼ -0.02 (-1.61%)
BR100 9,483 Decreased By -118.3 (-1.23%)
BR30 28,371 Decreased By -202.1 (-0.71%)
KSE100 88,967 Decreased By -1319.8 (-1.46%)
KSE30 27,827 Decreased By -515.9 (-1.82%)

Brazil's coffee exports could fall somewhat around mid-year due to an expected decline in stocks but overall exports in 2016 could be similar to 2015 if there is a strong harvest as expected, coffee export association Cecafe said on Tuesday. Brazil exported a record 33.33 million bags of green coffee in 2015, surpassing 32.94 million bags in 2014, Cecafe President.
Nelson Carvalhaes told reporters. Brazil's December exports were 2.89 million bags, down from 3.23 million bags in November. Including roasted and soluble coffees, exports reached a record total of 36.89 million bags last year. "It's too early to pin down 2016 exports but if the crop turns out well as expected, Brazil should repeat the levels seen in 2015," Carvalhaes said.
Brazil's coffee belt has suffered drought over the past two years, which has hurt both its arabica and robusta output. Despite the record overall exports, arabica shipments were actually down in 2015 at 29.16 million bags from 29.49 million bags in 2014. Record robusta exports of 4.17 million bags in 2015 filled the gap, pushing overall shipments to their highest levels. Brazil shipped 3.45 million bags of robusta beans in 2014, which was the previous record, Cecafe data showed. Some northern growing regions in Brazil's main robusta producing state of Espirito Santo were hurt by drought this season, but analysts expect a recovery in output from other growing areas to help offset this.

Copyright Reuters, 2016

Comments

Comments are closed.