Coffee prices in India, the world's fifth-biggest producer, eased on lack of export demand at a weekly auction. Arabica Plantation PB and A grade price were lower by 150-200 per 50 kg compared with the last sale, auctioneer J. Thomas & Co Pvt Ltd said in a statement. Of the total of 232,864 kg for sale, which consisted of 100,395 kg of arabica coffee and robusta coffee at 132,469 kg, about 54,000 kgs were sold. Coffee exports fell to 230,081 tonnes from October 1 till June 20, from 249,114 tonnes recorded last year.
Comments
Comments are closed.