Coffee exports rise 14% in April-August

Coffee exports jumped by 14 per cent to 1.43 lakh tonnes during April-August of this fiscal from 1.26 lakh tonnes in the year-ago period despite lower global prices, according to the Coffee Board. In value terms, coffee exports rose about 12 per cent to Rs 2,414 crore in April-August 2015, from Rs 2,148 crore in the year-ago period, Coffee Board data showed.

Coffee exports witnessed a surge despite lower realisation of Rs 1,68,366 per tonne during the period against Rs 1,70,352 per tonne last year. Export realisation remained lower due to fall in global prices reacting to the currency depreciation in Brazil.

India exports both Arabica and Robusta varieties, besides instant coffee.