AIRLINK 77.55 Increased By ▲ 0.57 (0.74%)
BOP 4.80 Decreased By ▼ -0.07 (-1.44%)
CNERGY 4.23 Increased By ▲ 0.01 (0.24%)
DFML 41.45 Decreased By ▼ -0.34 (-0.81%)
DGKC 85.80 Increased By ▲ 1.07 (1.26%)
FCCL 22.50 Increased By ▲ 0.11 (0.49%)
FFBL 30.25 Decreased By ▼ -1.20 (-3.82%)
FFL 9.27 Decreased By ▼ -0.08 (-0.86%)
GGL 10.64 Increased By ▲ 0.48 (4.72%)
HASCOL 6.39 Decreased By ▼ -0.02 (-0.31%)
HBL 109.45 Increased By ▲ 0.85 (0.78%)
HUBC 141.19 Increased By ▲ 0.70 (0.5%)
HUMNL 10.40 Decreased By ▼ -0.12 (-1.14%)
KEL 4.83 Decreased By ▼ -0.02 (-0.41%)
KOSM 4.55 Increased By ▲ 0.32 (7.57%)
MLCF 37.85 Increased By ▲ 0.16 (0.42%)
OGDC 126.65 Increased By ▲ 0.01 (0.01%)
PAEL 25.00 Decreased By ▼ -0.03 (-0.12%)
PIBTL 6.26 No Change ▼ 0.00 (0%)
PPL 117.49 Increased By ▲ 1.20 (1.03%)
PRL 25.33 Decreased By ▼ -0.41 (-1.59%)
PTC 13.60 No Change ▼ 0.00 (0%)
SEARL 56.75 Increased By ▲ 0.16 (0.28%)
SNGP 63.50 Increased By ▲ 0.30 (0.47%)
SSGC 9.93 Decreased By ▼ -0.05 (-0.5%)
TELE 8.04 Increased By ▲ 0.04 (0.5%)
TPLP 10.08 Decreased By ▼ -0.06 (-0.59%)
TRG 66.05 Increased By ▲ 0.03 (0.05%)
UNITY 26.84 Increased By ▲ 0.01 (0.04%)
WTL 1.33 No Change ▼ 0.00 (0%)
BR100 7,778 Increased By 4.6 (0.06%)
BR30 24,998 Increased By 34.8 (0.14%)
KSE100 74,244 Increased By 24.8 (0.03%)
KSE30 23,816 Increased By 36.8 (0.15%)

Brazilian coffee exporters shipped 2.8 million 60-kilogram (132-pound) bags of green coffee to foreign markets in November, 22% less than in the same month a year earlier, exporters association Cecafé said on Tuesday.

Exports of arabica coffee fell 22% as well, to 2.59 million bags, while shipments of robusta coffee fell 13% to 204,694 bags, Cecafé said. Brazil harvested a smaller crop in 2019, and supplies of high-quality, export-type coffees were even smaller.

Green coffee exports also fell when compared to October, when the world's largest producer exported 3.32 million bags. Cecafé said that falling exports are a result of the smaller coffee crop Brazil harvested in 2019. This year's harvest reached 49 million bags, versus a record of 61.6 million bags in 2018, according to the Brazilian government.

Brazil alternates years of higher and lower crops, due to the production cycle of arabica coffee trees. Plants get stressed after a big crop, so they tend to produce less in the following year.

Copyright Reuters, 2019

Comments

Comments are closed.