26-Mar-2013 15:39
HANOI, March 26 (Reuters) – Vietnam’s March coffee exports edged up 1.6 percent from a year ago to an estimated 190,000 tonnes, or 3.17 million bags, the government said on Tuesday, well above market expectations.
Coffee shipments for February halved from the same month in 2012 to 100,380 tonnes, revised up from 100,000 tonnes estimated last month, the government’s General Statistics Office said.
March’s shipment brought the export volume between October 2012 and March 2013, the first half of the October 2012/September 2013 crop year, to 896,000 tonnes, up 17.0 percent from a year ago, government data showed.
Earlier this month traders had projected March coffee shipments from the world’s largest robusta coffee producer at between 130,000-150,000 tonnes (or 2.17 million to 2.5 million, 60-kg bags). (Full Story)
(Reporting by Hanoi Newsroom; Editing by Martin Petty)
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