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Vietnam Drought Triggers Coffee Headache

By DMO Affiliate
The Vietnam Coffee-Cocoa Association announced on Thursday that coffee production in Vietnam, the world's biggest producer of robusta beans, will be significantly lower than last year due to cold and dry weather. The association, known as Vicofa, said in a statement that the dry weather spell was "quite severe" in the main coffee-growing area in the Central Highlands, where it hasn't rained since the end of November. The supply of robusta beans already has been tight this year. Vietnamese growers began withholding stocks late last year due to low prices for physical beans and are still holding out for higher prices.
Vietnam Drought Triggers Coffee Headache





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