NEW YORK — Global exports of green coffee increased 10.6 percent in the current 2023-2024 coffee season (October-September) according to data until the end of July to 103.08 million bags, the International Coffee Organization (ICO) said in a monthly report published on Thursday.
Importers continue to buy much more than they did in the last season, trying to replenish stocks as well as anticipate loadings, fearing the new European Union anti-deforestation regulation that enters into force next year may affect trade, the ICO has said.
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