Saturday, November 5, 2011

Indonesia's COFFEE exports in September 2011 fell 35%

indonesia_coffee_export_bean

Indonesia coffee export performance worse off. International Coffee Organization (ICO) noted, Indonesia's coffee exports in September 2011 just as much as 225 000 sacks or 13,500 tones. This figure is down 35.71% from August 2011 of 350,000 bags or 21,000 tones.

Sabam Malau, Chairman of North Sumatra Coffee Forum (NSCF), said the decline in the volume of coffee exports was due to several things. First, the coffee exporters tend to hold the sale because of waiting for high prices. Second, high production costs make coffee exporters prefer to sell to the domestic market.

Third, winches fruit pest of coffee (PBKo) that attack the coffee beans to make the production go down. "It also affected the economic turmoil that hit the United States and Europe," said Sabam.

The volume of coffee exports in September this year too muddy when compared to the volume of export in September last year. Citing the ICO data, September 2010, the volume of Indonesia's export 650,000 bags (39,000 tons) or exceed 65.38%, compared to September.

In addition to falling export volumes, coffee prices plummeted participate in the international market. Average daily price of robusta coffee in September is U.S. $ 2.13 cents per pound. As for October, down to U.S. $ 1.93 cents per pound. Sadarsah, exporters of coffee from Sumatra, said the decline in export volumes of coffee because the coffee crisis happened because virtually the entire world that its impact is still felt to this day.

While world coffee prices declined, but Sabam said the price of coffee beans in the local market tends to increase. Sabam pointed out, during the last 2 weeks the price of grain coffee beans from IDR 20,000 per kg – IDR 21,000 per kg, raise to IDR 26,000 per kg – IDR 27,000 per kg. As for the price of coffee beans already shelled condition, which was IDR 50,000 per kg become IDR 64,000 per kg – IDR 65,000 per kg. "I also wonder why this could happen," said Sabam.

Trend of rising prices of coffee beans at the farm level because coffee exporters make purchases that are higher than the standard price. "If the first exporters profited $ 20,000, now they are for-to the farmers," said Sabam.

picture: google.com

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