India: Coffee Semi-annual
Link to report:
Post estimates marketing year (MY) 2021/22 coffee production (October/September) at 5.53 million 60-kilogram bags. Unseasonal rains in November are expected to negatively impact Arabica crop yields and delay the harvest by at least two weeks, which will be offset by higher yields of Robusta leading to a six percent increase in overall coffee yields. Indian coffee prices continue to increase as rising export demand is stymied by shipping congestion/delays, limited container availability, and higher freight costs. Domestic consumption is estimated higher at 1.2 million 60-kilogram bags as growing home consumption of coffee is supported by a gradual reopening of restaurants, cafes, and the rest of the hospitality sector.
