Coffee Hoarding Set to Squeeze Vietnamese Exports Even Further
- Output from the top producer forecast lower in 2023-24: survey
- Robusta futures in London have already surged to record high
The harvest of Vietnam’s 2023-24 crop is almost done and output is forecast at 1.66 million tons of beans.
Photographer: Maika Elan/BloombergThis article is for subscribers only.
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Coffee exports from Vietnam are set to tighten as some growers hoard their beans and Red Sea risks mount following a smaller crop from the world’s biggest producer of the robusta variety.