Coffee exports down by 10% in Apr-June
Aug 03 2012, 18:38 | By Firstpost.com
Coffee exports declined by 10 percent to 1.29 lakh tonnes inthe first 4 months of the current financial year, the Coffee Board has said. The country had shipped 1.43 lakh tonnes of the brew in the April-July period of 2011-12 fiscal.
In terms of earnings, exports fell marginally to Rs 1,931.87 crore in April-July this fiscal from Rs 1,943.37 crore in the year-ago period.In the January-July period of the current calender year, the shipments of coffee declined by 5 per cent to 2.29 lakh tonnes from 2.41 lakh tonnes in the same period of 2011.
Exports of arabica variety of coffee rose marginally to 45,861 tonnes in the January-July period of 2012 from 44,577 tonnes in the year-ago period, while that of robusta fell to 1.27 lakh tonnes from 1.38 lakh tonnes in the same period.
Coffee exports in the first 10 months of the present coffee year (October-September) fell by 7 percent to 2.86 lakh tonnes from 3.06 lakh tonnes in the October-July period of the 2010-11 coffee year.
The country had exported a record 3.48 lakh tonnes of the brew worth Rs 4,888.30 crore in 2011-12 fiscal as compared to 3.16 lakh tonnes worth Rs 3,674.98 crore in 2010-11.
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