Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Brazil’s total exports decreased by 10.5% to 2.52 million tons in March 2018, compared to the same month one year ago. Between October 2017 and March 2018, it shipped 16.57 million bags, 7.7% lower than the same period one year ago. This reflects the smaller output in crop year 2017/18, which is estimated at 51 million bags.
A lot of attention because the official data of Brazil are 44.97 million bags, and ICO impute 51 million bags, I assure you that the official data of Brazil are closer to reality.