Brazil Arabica Coffee Trade Dwindles on Low Stocks, Delayed Harvest

From www.reuters.com

Trade in arabica coffee in Brazil has slowed to a trickle as stocks dwindle at the height of the between-harvests period and merchants are still dealing with transport disruptions following a nationwide truckers strike.

The slowdown has tightened already scarce nearby supplies of arabica from the top grower where stocks dropped following a 20 percent fall in the last crop compared to the previous season.

While a record crop is expected this year, coffee has been slow to get to the market amid delays to the harvest. The truckers strike deepened worries about hold-ups as it curbed May coffee exports by some 900,000 bags.

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