Thursday, October 31, 2002

Vietnam's coffee exports expected to fall 30 percent

AP World Politics
Fri Oct 25, 6:50 AM ET

HANOI, Vietnam - Vietnam's coffee exports in the 2002-03 crop season are likely to fall 30 percent to around 500,000 metric tons (551,000 US tons) because of low world prices and poor weather, an industry group said Friday.

In the past decade, Vietnam has become one of the world's top coffee producers. Rival coffee producers blame the country's rapid increase in output for triggering the worldwide price drop.

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