Honduras revenues decline due to coffee exports



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July 4, 2018, 18:26 Tegucigalpa, July 4 (Prensa Latina) Honduran recipes from coffee exports fell 14% in the first nine months of the current production cycle compared to the same period Seasonal period According to the Honduran Coffee Institute (Ihcafe), the decline was mainly due to the fall in cereal prices, although there was also a slight reduction in the amount of tonnes put in. the international market.

The balance of external sales was $ 963 million over the period from October 2017 to June 2018, representing a decrease of 14 percentage points from the $ 120 million made in the year. 39; previous step, said the agency.

According to the report, the price of the quintal averaged $ 122.95; below US $ 142.02 at the same stage of harvest for 2016-17.

Meanwhile, the physical amount of exports declined by a percentage point, adding to 7.83 million quintals, less than 7%. , 89 million in the same interval of the previous productive cycle.

Germany, Belgium, the United States and Italy were the major markets, since they together accounted for 71% of sales, confirmed Ihcafe

. Honduras plans to export some nine million quintals and enter more than one thousand five hundred million dollars, after trading about nine and a half million quintals during the last stage.

jf / mjm

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