Monday, May 3, 2010

Coffee exports shoot up by 42 pc in Jan-April 2010

STAFF WRITER 14:57 HRS IST
New Delhi, May 3 (PTI) Strong global demand and increasing domestic supply pushed up the country's coffee exports by 42 per cent to 1,00,574 tonnes in the first four months of 2010, according to the Coffee Board of India.

In terms of value, coffee exports surged to Rs 1,025 crore between January and April from Rs 763.38 crore in the same period last year, it said.

"Exports have increased due to a rise in demand for the robusta variety of coffee and a hike in the re-export of processed coffee," a Coffee Board official told PTI.

The country had shipped only 70,843 tonnes of coffee in the same period last year even as demand slumped due to the economic recession, he said.

India is Asia's third-largest producer of coffee.

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