Vietnam cuts 2011 coffee export forecast to 1.12mn tonne

HANOI: Vietnam, the world's top robusta producer, has cut its annual coffee export projection for the calendar year 2011 to 1.12 million tonnes, or 18.7 million bags, from a previous forecast of 1.17 million tonnes, the agriculture ministry said.

August's export volume of 36,000 tonnes was below previous forecasts, leading to the downward adjustment for the whole of 2011, the ministry said in a report.

Early last month the ministry lowered its forecast for coffee exports this year to 1.17 million tonnes, from 1.20 million tonnes projected in early August.

Copyright Reuters, 2011