Coffee Output in Biggest Robusta Grower Seen at 4-Year Low
- April rains in Vietnam's Dak Lak a third of normal amount
- Price gains in April boosted local sales, traders say
This article is for subscribers only.
Coffee output in Vietnam, the world’s biggest producer of robusta beans, is forecast to drop to the lowest in four years next season amid the worst drought in three decades.
Growers will collect 1.5 million metric tons in the harvest starting this October, according to a Bloomberg News survey of eight traders. That would be the lowest since the 2012-13 crop year. This season’s output will be 1.65 million tons, according to the survey.