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Vietnam Coffee-Vietnam Resumes Coffee Harvest after Storm

Source: Reuters
03/11/2009

Hanoi, Nov 3 - Vietnamese coffee farmers have resumed picking cherries from a new harvest that was temporarily disrupted over the weekend due to a typhoon, traders said on Tuesday.

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Typhoon Mirinae, which killed 16 people and destroyed thousands of houses in the Philippines, dumped rain on coffee plantations in top growing Daklak province but the damage was limited, they said.

"The sun has come out again and farmers are already back at work for the harvest," a trader at state-owned coffee firm Vinacafe in Buon Ma Thuot said.

"So far the damage has been very limited as the rain was not that strong and ended quickly," another trader in Buon Ma Thuot said.

He said the biggest concern for farmers was that prolonged rains would prevent outdoor drying and hurt the quality of the newly picked cherries.

Typhoon Mirinae made landfall on Vietnam's central coastal provinces on Monday afternoon, but weakened to a tropical storm as it ploughed inland.

Domestic coffee prices rose more than 3 percent in the past week to 25,200 dong ($1.41) per kg on Tuesday on concerns the typhoon could affect supply as it disrupted the harvest, which started last month and is expected to peak in the second half of November.

Export prices for spot deliveries were quoted at $1,370 a tonne, free-on-board, up from $1,305 a tonne a week ago, data from the Vietnam Coffee and Cocoa Association showed.

So far about 30 percent of the crop has been harvested, traders said.

London robusta futures firmed on a weaker dollar on Monday, with gains also driven by worries about delays in Vietnam's harvest after strong winds and heavy rains.



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