Brazil’s coffee exports during 2019/20 harvest reached second highest level on record
Jul, 14, 2020 Posted by datamarnewsWeek 202029
According to the Council of Coffee Exporters (Cecafé), Brazil’s coffee exports (green and industrialized) in 2019/20 reached 39.9 million 60-kg bags, down 3.6% compared to the previous cycle, reflecting a smaller crop. Despite the annual decline, the result represents the second-largest volume shipped during a single harvest in history, behind only the 2018/19 season, which reached 41.4 million bags.
The export of Arabica coffee from Brazil in June totaled 1.85 million bags, down 21.3% compared to the same period last year, while in the harvest it reached 35.9 million bags, down 4% in the annual comparison. Amid the low supply of arabica, the highlight in coffee exports in the 2019/20 season was the robust variety, whose shipments increased almost 23% to 4.4 million bags in the year, according to data from Cecafé.
Source: Reuters
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