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Vietnam coffee crop estimate lowered 3.3% by FO Licht
Source: 08-JAN-2009 Intellasia | Bloomberg
8 Jan, 2009 - 7:00:00 AM
Coffee production in Vietnam, the world's second-biggest grower, will be 3.3% less than forecast in November after rains slowed the harvest, F.O. Licht said.
Output will be 20.2 million bags, down from a previous estimate of 20.9 million bags, F.O.
(Reuters)
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Licht analyst Stefan Uhlenbrock said in an interview today from Ratzeburg, Germany. A bag weighs 60 kilograms (132 pounds). Brazil is the world's largest grower of coffee.
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