Drought dampens Vietnams coffee business
A PROLONGED drought is starting to affect the coffee-growing province of Dalkak, in Vietnam.
Traders said it was too early to give an accurate assessment of damage of the current crop. Rainfall is down by about 25% on the average for this time of year.
There are reports that up to 19,000ha (46,948 acres) of the crop are affected with fears of further damage if the dry weather lasts into April.
One foreign trader said 300,000-32,0000 tonnes was now a more realistic export estimate that previous official forecasts of 380,000 tonnes.
- Financial Times 20/03/98 page 35