RIO DE JANEIRO, BRAZIL - Coffee exports from Central America and Asia rose sharply in October and November, the first months of the 2021/22 season, partially offsetting a steep decline in shipments from Brazil, the International Coffee Organization (ICO) said Monday.
Coffee sales from Central America and Mexico rose 30% to 940,000 bags during the period, while shipments from Asia and Oceania rose 22% to 6.21 million bags - a sign that other suppliers are jumping on the bandwagon as main exporter Brazil is unable to maintain volumes.
Brazilian shipments fell 31% to 6.36 million bags during the . . .
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