Brazil to import robusta coffee from Vietnam

by VNA19 February 2017 Last updated at 19:00 PM

VTV.vn - Brazilian Ministry of Agriculture’s manager in charge of coffee Silvio Farnesi has said that the government has approved the importation of robusta coffee for the first time in history, including those from Vietnam...

The approval on February 15 forced imported robusta to be subject to a 2% tariff.

Brazil plans to import one million sacks of coffee, each equivalent to 60kg, by this May with a maximum 250,000 sacks per month.

As the world’s top green coffee producer and instant coffee exporter, Brazil produced 49.6 million sacks of coffee, up 14.8% annually.

However, robusta, accounting for 17% of the total production, were packed into 8.3 million sacks, down 25% from 2015 and hitting a low record in the past 12 years.

Arabica is mainly used for roasted and ground coffee production while robusta is for instant coffee.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2017-11-18 07:56 UTC

WEATHER FORECAST

Today - Saturday Nov, 18
Thunderstorms
21/27
Sunday Nov, 19
Cloudy
18/21
Monday Nov, 20
Cloudy
18/20
Tuesday Nov, 21
Cloudy
17/20
Wednesday Nov, 22
Cloudy
17/21
Thursday Nov, 23
Cloudy
17/20
Friday Nov, 24
Mostly Cloudy
17/19
Saturday Nov, 25
Mostly Cloudy
17/23
Sunday Nov, 26
Mostly Cloudy
18/21
Monday Nov, 27
Mostly Cloudy
17/21