Brazil exports more Robusta through Victoria Harbour, but the future export outlook is uncertain.
Recently, Brazil released the export of Victoria Harbour. In November, Victoria Harbour, Brazil, exported more than 844000 bags (60 kg each) of coffee, the fourth largest month in the port's history, after 1 million bags in August, 968000 in September and 930000 in October 2002.
It is reported that the main export of coffee in Victoria Harbour is Robusta coffee from the state of Espiritu Santo, which is the largest producing area of Luo Bean in Brazil. According to the Victoria Harbour Trade Center, the export of robusta coffee from the port in November helped Brazil's Robusta export record in a single month.
The Victorian Coffee Trade Center said that the excellent performance in November could enhance the international competitiveness of Brazilian Robusta coffee. In addition, Brazil is becoming more efficient in logistics and has increased the supply of coffee with quality and sustainability certification.
But recently Reuters said Robusta coffee futures rose to their highest price since at least January 2008 on Wednesday because of climate-related concerns about the supply outlook. Arabica coffee futures also jumped to their highest level since July.
After peaking at $2810 earlier, Robusta coffee rose $45, or 1.7%, to $2669 a tonne. Arabica coffee peaked at $1.9195 a pound and stabilized at $1.8865 a pound by 3.4 cents, or 1.8 per cent.
However, the consumer said that such a high price is due to the low production due to the weather. Weather problems were also reported earlier by other large producers such as Indonesia and Vietnam. Due to the influence of El Ni ñ o, Indonesia experienced a severe drought after waterlogging, while Vietnam faced the impact of heavy rains and rainy seasons disrupted the harvest of coffee.
Brazil has also been affected, with soil moisture in the state of Espiritu Santo, Brazil's largest producer of Robusta, currently at its lowest level in seven years, according to LSEG's agricultural weather dashboard response. So now Brazilian farmers are in no hurry to sell, have struck a deal at a higher price last week, and are uncertain about the future weather, unable to estimate yields. According to Dutch bank Rabobank, Vietnam's Robusta coffee will appear in the future as it enters the harvest season.
- Prev
Introduction to the main Coffee varieties grown in Central America and Costa Rica
Costa Rica, located in Central America, is the 14th largest coffee producer in the world. Although it has a small land area, it has vast forests and fertile volcanic soil, making it a very suitable place for coffee cultivation. Coffee was grown in Costa Rica as early as the early 19th century. And the government strongly supports coffee.
- Next
Long queue for the opening of Tims, econnoisseur: I'm not Tuo!
▲ click to follow | Daily boutique coffee culture magazine coffee workshop "it's snowing in Guangdong!" "" look! It's snowing in Guangxi! With the cold air at the end of the year, 30 minus 15, and the two regions changed to quick-frozen mode overnight, the pretty girls of the two places finally successfully entered the winter this weekend and put on it for a long time.
Related
- Ridiculous! Coffee shops charge customers an "ice removal fee" for not adding ice?!
- Popularity is no longer! The customer flow at the first store of Bear Claw Coffee has dropped sharply!
- Unopened mooncakes are split in half! Starbucks quality control is questioned!
- How long does it take to extract hand-brewed coffee? How long is the extraction time for hand-brewed coffee normal? Does the brewing time have to take two minutes?
- The difference between sunning, washing and honey treatment of coffee. What are the coffee treatment methods? What's the difference between half-day drying and half-water washing of the flesh in the sun?
- Recommended hand-brewed coffee pot? What capacity should I buy for a hand-brewed coffee pot? Can I heat a hand-brewed coffee maker?
- Introduction to Panama's famous rose summer estate: Introduction to the founding story of Finca Auromar
- What are the characteristics of coffee in São Paulo State, Brazil and what is its name?
- The United States declares that Ethiopia will continue to implement a national emergency!
- Sued by multiple former employees?! Wahaha: Seriously inaccurate