Salvadoran Coffee Exports for $101.4 Million
With an average price of $130.82 per quintal, the first six months of the 2008-2009 coffee year have left an accumulation of $101.4 million.
Tuesday, April 14, 2009
The value achieved per quintal ($130.82) in this coffee year that began last October is higher when compared to last year when it reached $127.47, according to the Salvadoran Coffee Council.
In the past 5 months, Salvadoran farmers produced 288,000 quintals less compared to the same period in the previous cycle.
Coffee exports for the 2010-11 cycle produced revenues of $458.2 million, 139.9% higher than that generated in the previous cycle.
At an average price of $ 188.71 per quintal, farmers have placed 84% of export crop for the year 2010-2011.
The Salvadoran Coffee Council (CSC) expects a slight drop in the coffee harvest for this year.
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