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Due to a shift to mid-premium coffee from expensive premium-quality coffee amidst firm international prices, for the next two quarters, India’s coffee exports are expected to go up by 10% year-on-year in value terms.
For the next two quarters, India’s coffee exports are expected to go up by 10% year-on year in value terms due to a shift to mid-premium coffee from expensive premium-quality coffee amid firm international prices.
India's coffee exports, which increased 13% year on year in the fourth quarter, are anticipated to rise further as international prices rise, forcing customers to less expensive coffee.
Darjeeling, known as the 'Champagne of tea', is suffering from a four-month-long drought affecting the production of tea plucked in season (first flush) | BLiTZ