Coffee to bring Honduras US$600 million windfall in export earnings

The recent increase in world coffee prices is expected to provide Honduras with a US$600 million increase this year in export earnings.

Monday, July 21, 2008

Dagoberto Suazo, a coffee industry leader, said that the impact of the increase would be felt in 210 municipalities that depend on coffee for their livelihoods. It follows the inauguration by President Manuel Zelaya in San Pedro Sula of a quality-control center that can provide buyers in the United States and Europe with a certified product.



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More Downward Pressure on Price of Coffee

December 2012

Very good harvests in Vietnam and Brazil, and a drop in European demand are the factors affecting prices, which continue to decline.

Added to a persistent decline in the international prices, is the extensive affect on Central American harvests of the "Roya" blight, that is affecting an estimated 80% of plantations. The effects of the pest will be felt not only in the present harvest, but in the next.

Coffee Prices Continue to Fall

March 2012

The price of a quintal has fallen below $200 due to a Brazilian "superharvest", with industry leaders recommending caution.

On Tuesday March 6th a quintal of coffee traded at $192.95 on the New York Stock Exchange, down 4.24%, lower again than at the beginning of the week when it was recorded at $201.5.

Market Volatility Affects Coffee

October 2011

The price of the grain fell 30% in the last twenty days, affected by uncertainty in global securities markets.

This time it is not bad weather or speculative buying in markets that is affecting the international price of grain, which has shown a significant reduction in recent days.

Coffee prices fall

January 2009

On Monday coffee futures fell sharply, weakened by the strengthening US dollar and strong Brazilian exports.

According to laprensagrafica.com, "Romain Lathiere, administrator of the Diapason Commodities Management Fund, said that the fall in coffee prices "is related mainly to the US dollar and solid Brazilian exports, which is not good for the coffee market."

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