Bloomberg News

Brazil Coffee Exports Fall to 1.95 Million Bags in January

February 01, 2012

Feb. 1 (Bloomberg) -- Coffee exports from Brazil, the world’s largest producer and shipper, fell 25 percent in January from a year earlier, Brazil’s Trade Ministry said.

Shipments dropped to 1.95 million bags from 2.59 million bags a year ago, the ministry said today in a report on its website. A bag of coffee weighs 60 kilograms (132 pounds).

The average export price was $286.50 a bag last month, up from $217.50 a year ago.

--Editors: Robin Saponar, Jessica Resnick-Ault

-0- Feb/01/2012 17:50 GMT

To contact the reporter on this story: Lucia Kassai in Sao Paulo at lkassai@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net -0- Feb/01/2012 17:39 GMT


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