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Normal continues even better

October has seen successful shipments of 21,226.5 MT while supplies for November are going 15,928 MT & with 15,602MT for December which has an increment from the same period of the year before. Harvest has been finalized & processing has kicked across low-land areas while some of it is on the way to the central market. With remarkable execution of the prior quarter followed by current performance, we will be expecting supplies record of 30K MT by 2020/21 crop along the March to February export year. Arabica prices have surged more than 60% this year in NY after frosts and drought slashed output in Brazil while Colombia has been struggling with too much rain. Amidst these developments, the origin of Arabica coffee seems to enjoy records for the full year.

13 November 2021

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