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Coffee exports likely to drop 8% in 2019 as floods dent production

Lower exports from India could support global prices already trading near their highest in 8-and-a-half months

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Rajendra Jadhav | Reuters Mumbai
India’s coffee exports could drop 8 per cent to 230,000 tonnes in 2019 as production is expected to fall to its lowest in five years after plantations were hit by floods in key producing southern states, the head of an industry body said.
 
Lower exports from India could support global prices already trading near their highest in 8 and a half months.
 
“Floods badly affected coffee plantations in Karnataka and Kerala. As production is going down, we will have limited surplus for exports,” Ramesh Rajah, president of the Coffee Exporters’ Association of India, told Reuters this week.