"04 Nov 2020
The Brazil government have reported that the country’s coffee exports for the month of October were 431,750 bags or 12.99% higher than the same month last year, at a total of 3,756,300 bags. The increase in reported exports for this month due to the larger biennial bearing production in 2020 coffee year, to similarly reflect the increased exports of Conilon robusta, to consumer markets over the same month compared to the previous year.
The International Coffee Organisation ICO have reported that the global coffee exports for the month of September were 0.86% higher than the same month last year, at a total of 10.16 million bags. This, according to their report, illustrates the consequent effects of covid-19 related lockdowns impacting supply chains through challenging logistics over these months with many producer countries still in the throes of lockdown restrictions, and so too, many northern hemisphere consumer markets where covid-19 related lockdowns shift back into stricter regulations. "