Coffee export of Dak Lak province has gone down sharply.
In the first four months of 2009, the province has exported 125,000 tonnes of coffee seeds with export turnover of US$192 million, a 30% decrease compared to the same period last year.
Due to the successive fall of the world coffee price which even dropped to US$1,436 a tonne, the domestic coffee price dropped to VND 23,000 a kg.
Meanwhile, the same time last year, coffee price trading at the London market fluctuated at high level and stood at US$2,355 per tonne and the domestic prices were also high at VND 34,000 – 43,200 per kg.
The weather in the Central Highlands is becoming favourable with the first rains, thus compensating the watering cost for coffee growers./.