El Salvador seeks to sell coffee in Europe

El Salvador's coffee producers hope to open new markets in Europe for high-quality coffee under the trade association now under negotiation between Brussels and Central America.

Wednesday, May 21, 2008

"The association agreement is a major market opportunity for our coffee. Germany is already a customer but we want to expand sales to other European nations too," said Ricardo Espitia, executive director of the Salvadoran Coffee Council.

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Salvadoran coffee closes harvest with record earnings

October 2008

El Salvador ended the 2007-2008 coffee harvest with exports of 1.9 million quintals worth $253.3 million

These are the best figures that the country has had in the last six seasons, Ricardo Espitia, executive director of the Salvadoran Coffee Council, reported yesterday.
The sales figure for the 2007-2008 coffee harvest, which ended on September 30, is the biggest reported since the 2002-2003 harvest, when exports were 1.7 million quintals (46 kg each) or $105.5 million in earnings.

Production of Salvador coffee could drop by 3.7%

October 2008

The Salvadoran Coffee Council (CSC) expects a slight drop in the coffee harvest for this year.

Ricardo Espitia, director of the institution, is predicting a harvest of 2 million quintals, which would mean a decrease of 3.7%.
Up to now, they have sold 25% of the harvest (some 465,000 quintals) in the futures market at an average price of 144 dollars.

Salvadoran coffee season closes with $240 million in sales

August 2008

El Salvador is getting ready to close the 2007-2008 coffee season with the best figure of the last quinquennium in terms of export volume and income earnings.

Ricardo Espitia, Executive Director of the Salvadoran Coffee Council (CSC), indicated that at the close of the current season (2007-2008) on September 30, there will be a very positive increase in all indicators, that is, "after a cycle of low production and, by extension, exports." He also believes that the increase shows that coffee continues to be a drink "that has not gone out of style and that is liked more and more."

El Salvador's coffee exports increase

June 2008

Exports of coffee from El Salvador rose by 29 percent in May, compared with the same period in 2007.

Revenues increased by 46 percent, reflecting higher world prices, the El Salvador Coffee Board said.
In May of this year El Salvador exported 241,060 quintals of coffee, compared with 187,298 quintals last year. A quintal is equivalent to about 46 kilograms or about 100 pounds.

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