Vietnam September coffee exports revised up 7 pct to 48,000 tons

Vietnam, the world’s second-biggest coffee grower, exported 48,000 tons last month, the General Statistics Office in Hanoi said Tuesday, 7 percent higher than previously estimated.

The agency initially estimated that the Southeast Asian nation would ship 45,000 tons of coffee in September.

Exports in October may rise to 60,000 tons, increasing year-to-date shipments to 948,000 tons, 17 percent ahead of the figure through October 2008, the statistics office estimates for this month said.

The value of the exports through October declined 17 percent to $1.4 billion, according to the statistics office.

Robusta coffee on the Liffe exchange has dropped 16.4 percent this year. Contracts for November rose 0.2 percent to $1,365 a ton Monday.

Vietnam may have produced 18.5 million 60-kilogram bags in the 2008-2009 crop year, up 16 percent from a previous estimate of 16 million bags, according to the London-based International Coffee Organization.

thanhnien, bloomberg

>   Dumping claims threaten wood exports (27/10/2009)

>   Buy Vietnamese – But what does that actually mean? (27/10/2009)

>   Inspection of imported meat, though tighter, is still loose (27/10/2009)

>   Stimulus programme has 4,000 problem cases (27/10/2009)

>   VinaCapital eyes second real estate fund (27/10/2009)

>   Fund holds investor conference (27/10/2009)

>   Swedish firms eye eco-friendly opportunities (27/10/2009)

>   Cashew exports fall nearly 10% (27/10/2009)

>   Ship equipment factory inaugurated in southern province (27/10/2009)

>   Giving priority to coastal economic zones (27/10/2009)