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Global coffee exports down 12 pct in May - ICO

LONDON - Global coffee exports fell 12 percent in May from a year earlier to total 9.28 million 60kg bags, the International Coffee Organization (ICO) said on Tuesday. For the first eight months of the 2014/15 season, which began on Oct. 1 last y...

 

LONDON  - Global coffee exports fell 12 percent in May from a year earlier to total 9.28 million 60kg bags, the  International Coffee Organization  (ICO) said on Tuesday.

For the first eight months of the 2014/15 season, which began on Oct. 1 last year, coffee exports were down 4.6 percent at 72.31 million bags.

Robusta coffee exports fell 23.4 percent in May from a year earlier to 3.23 million bags.

Cumulative robusta exports for the season to date dropped 6.1 percent to 27.34 million bags.

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Arabica coffee exports in May were 4.4 percent lower than in the same month last year, at 6.05 million bags.

Cumulative arabica exports for the season to date fell 3.6 percent to 44.97 million bags. 

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