The Brazilian coffee exports will be records this year. At the rate that foreign sales tracking, the country will add 32.5 million bags sold abroad, with over U.S. $ 5.5 billion. Last year, exports totaled 30.3 million bags, worth U.S. $ 4.3 billion.
William Berry, director general of Cecafé (Brazilian Council of Coffee Exporters), says that if this month is maintained the pace of sales in October (3.4 million bags), the country\'s exports surpass 10 million bags only between September and November.
And the forecasts of Braga should be confirmed, since the most recent data indicate Secex export revenues of U.S. $ 616 million this month, the value pr oxime record $ 638 million in October. The increased presence of Brazil in the international market is due to the decline in exports of traditional countries, like Colombia. Despite the good Brazilian harvest, prices had no downward trend, according to Braga. \"The demand held [the price]. \"
The executive Cecafé says the market shows a trend of strong prices for coffee. The so-called market fundamentals are positive: demand is heated, the supply is lower and consumption is increasing. He does not believe large falls in oil prices. The high prices enjoyed by the domestic producer, since 90% of the FOB (Free On Board) exports are transferred internally.
Despite this increase, the producer is losing the possibility of further air Annuity. Internal costs such as labor, are real and come-up. Already export revenues in U.S. dollars, end up being lower due to the appreciation of national currency.