India’s coffee exports declined by a little over 8 per cent to 2.97 lakh tonnes till November impacted by weak global prices as a result of higher supplies, according to sources in the Coffee Board. The country had shipped 3.23 lakh tonnes of the bean in the corresponding period last year.“Generally, coffee exports are doing well. But if you compare with last year’s record level, the shipments have come down due to weak global prices following higher supply from other countries,” said a senior Coffee Board official.
Global demand remained firm but less lucrative price curbed shipments despite ample domestic availability for the export purpose, the official added.
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