Coffee exports up 67% in October on strong demand

India’s coffee exports rose by 67 per cent to 25,000 tonnes in October, the first month of the 2010-11 crop year, on the back of strong global demand and lower prices. “We have exported 25,000 tonnes of coffee in October, this year, against 15,000 tonnes in the same period in 2009,” a senior Coffee Board official said on Monday. Overall, coffee exports during January-October this year have also risen sharply to 251,355 tonnes from 157,824 tonnes in the year-ago period, he said.

The realisation from the export of one tonnes of coffee was Rs 1.07 lakh during October, he added. India shipped higher quantity of coffee bean (including arabica and robusta varieties) in October 2010 because of huge global demand plus Indian prices were ruling lower than Columbian coffee, though slightly higher than Brazil, he said Besides, there was enough supply of coffee in the domestic market, thanks to good crop in the 2009-10 , he added.