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Vietnam Coffee: Sales slow on expected price drops
Shoaib Ur Rehman
16 Dec, 2014
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Copyright Reuters, 2014
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![](https://i.brecorder.com/images/2014/12/coffee4.jpg">HANOI: Sales of Vietnamese coffee slowed this week even though the harvest has been peaking, with Vietnamese exporters expecting prices to drop further following recent declines in global markets, traders said on Tuesday. </P><P>With 60-70 percent of the 2014/2015 crop having been picked in Vietnam, the world's largest robusta producer, the harvest could end late this month, similar to last year, traders said.</P><P>Beans dropped to 39,500-39,700 dong ($1.85) per kg on Tuesday in Daklak, from 40,400-40,600 dong a week ago, after London's March contract fell 0.5 percent to settle at $1,965 a tonne on Monday. )
