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Costa Rican coffee exports fell 13% in May, according to national coffee institute ICAFE data released on Monday, likely due to advance purchases in April as buyers sought to ease expected logistical jams from coronavirus disruptions.
The world’s biggest roasters of coffee beans are looking to bring forward orders from top exporting nation Brazil as a hedge against coronavirus-related port disruptions.
India’s coffee exports are set to take a hit in the April-June quarter as orders from the largest buyer Italy, which is battling a severe outbreak of novel coronavirus, have come down considerably over the past few days.
“Coffee shipments from Vietnam will fall sharply the week before and during Tet,” a trader based in Ho Chi Minh City said, adding that export activities will not resume until the holiday is over.
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