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Vietnam expects coffer record high crop
03.08.2018 22:53 "Agro Perspectiva" (Kyiv) —
As of recent, Bloomberg agency have asked the global market experts to make forecasts as for the Vietnam next MY (marketing year) coffee crop, Interfax-Ukraine says referring the Bloomberg report.
As to the experts forecasts, within the next MY the Vietnam coffee crop can jump to a record high, if the weather conditions remain good.
It is to be admitted, Vietnam is now the world largest robusta producer. It is to be mentioned, the next MY will start since Oct 2018.
As to the experts, within the next MY the Vietnam coffee growers will get 1.8 million tons coffee (up against previous 1.79 million tons forecast).
Besides, experts also expect that within this MY the Vietnam agrarians will boost their coffee crop to 1.75 million tons (up 17% against last year 1.5 million tons).
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