In July world export of coffee has risen by 18 percent. The total volume of supply in the course of 10 months has increased to 5.424 mln. tons, thus having risen by 1.5 percent. According to International Coffee Organization, supplies have risen to 546 600 tons, as in 2011 it used to amount to 463 800 tons.
Export of Arabica has risen by 15 percent in comparison to last season, having amounted to 321 000 tons. Supplies of Robusta have risen by 22 percent, having amounted to 225 600 tons.
This year coffee yield was worsened, for bad weather conditions have reduced its volume and quality of beans. However, quotations at stock exchanges remain at the same price level. As formerly informed by the “Market Leader”, by the end of the year coffee price may rise by 30 percent (see Coffee Market Overview: Prices May Rise by 30 Percent).
The chart below, courtesy of , reflects the current state of affairs in the market of coffee:
