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Vietnam’s coffee export forecast to decline

HANOI, Dec. 7 (Xinhua) — Vietnam’s coffee export volume in the 2023-2024 season is likely to be lower than a year earlier due to a drop in output, no carry-over stock and growing local demand, Vietnam News reported Thursday, citing the Vietnam Coffee and Cocoa Association.

Nguyen Nam Hai, the association’s chairman, said Vietnam is likely to yield 1.6 million-1.7 million tons of coffee in the new season compare