Indonesian Coffee Exports Tripled in First Quarter, Broker Says

April 8, 2011

Coffee exports from Indonesia, the world’s third-largest producer of robusta beans, tripled to 65,500 metric tons in the first quarter from a year earlier, Hamburg-based broker Eugen Atte GmbH said in a weekly report e- mailed yesterday.


Coffee sales from the country accelerated in response to rising London prices, European brokers said last month. Robusta prices climbed 15 percent on NYSE Liffe in London in the first quarter, data on Bloomberg show.


Indonesia’s production will decline about 25 percent to 8.5 million bags in the current crop year, the International Coffee Organization said April 6. The impact from the La Nina weather phenomenon has been “more severe than expected,” the ICO said.


To contact the reporter on this story: Isis Almeida in London at Ialmeida3@bloomberg.net


To contact the editor responsible for this story: Claudia Carpenter at Ccarpenter2@bloomberg.net.