The world’s coffee exports broke record
In the 2016/17 season, world coffee exports broke record, and stocks have risen to 8-year high in the importing countries, according to the ICO (International Coffee Organization).
Global coffee exports increased by 4.8 percent in the financial year ending in September, the stocks reached 122.45 million 60 kilograms bags.
Stocks of importers have risen to the highest since 2009 to 25.4 million bags. (MTI)
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