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As coffee prices slip, growers turn jittery - The Hindu BusinessLine

As coffee prices slip, growers turn jittery April 19, 2021 × Exporters, traders attribute current fall in prices to international market trend, withdrawal of export incentives; falling rupee only positive The reversal in coffee price trend has left growers worried in key producing states such as Karnataka and Kerala as they complete the harvest and gear up to start operations such as pruning and manuring for the next season. Farm gate coffee prices in Karnataka have dropped by 6-7 per cent over the past four months, even as global prices have turned volatile during this period. Arabica May 21 futures on ICE have risen to 132 cents per pound last week, from about 128 cents in early April. Similarly, Robusta May 21 futures on LIFFE are hovering around $1,365 a tonne, up from $1,350 in early April.

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