Some of the world’s largest coffee traders are bracing for supply-chain disruptions as the coronavirus pandemic threatens to cause delays to ports and other transport operations.
Volcafe Ltd. told clients that logistical holdups are expected to become “more widespread” throughout major producing countries, according to a memo sent to clients. Sucafina SA encouraged buyers to place orders as soon as possible to ensure they receive their beans in time, the Swiss trader said in a separate memo.
The spread of the disease is scrambling supply chains in everything from crude oil to copper and foodstuffs, with many countries reporting a shortage of containers. The memos also come at a time coffee supplies are already tight and there’s uncertainty over whether stevedores in top producer Brazil will eventually go on strike after a meeting Friday.