COFFEE SLUMP
February 1st, 2002
BY SWINEETHA DIAS WICKRAMANAYAKA
INDIAN coffee production could slump in the next crop year, (October 2002 to September 2003), industry analysts have claimed, citing a 25-40 per cent drop in fertilizer usage and lay-offs. Poor yields in the current growing year are also expected, with projections falling from 325,000 to 306,000 tonnes and some gloomy estimates predicting a 280,000 tonne crop.
INDIAN coffee production could slump in the next crop year, (October 2002 to September 2003), industry analysts have claimed, citing a 25-40 per cent drop in fertilizer usage and lay-offs. Poor yields in the current growing year are also expected, with projections falling from 325,000 to 306,000 tonnes and some gloomy estimates predicting a 280,000 tonne crop.
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