Muted demand from Europe to weigh on Indian coffee shipments in 2021
Muted demand from Europe to weigh on Indian coffee shipments in 2021 February 23, 2021 Exporters project marginal growth in shipments this year Indian coffee exporters see marginal growth in shipments for calendar 2021 even as the second Covid wave in Europe, their largest market, continues to weigh on demand. “The second Covid wave, which has impacted out-of-home consumption in key markets such as Italy and the UK, among others, is hurting Indian coffee shipments,” said Ramesh Rajah, President, Coffee Exporters’ Association. “The order position is still weak. People are not buying ...
Source: thehindubusinessline.com