Oversupply of coffee seedlings leads to price drop.(World News: Coffee and Tea Reports from the Front Line)

Tea & Coffee Trade Journal | November 1, 2008 | Copyright

HO CHI MINH CITY -- The trend to plant new coffee trees in Dak Lak and other neighboring provinces last year pushed seedling prices up to about $0.60/seedling, prompting large numbers of people to start growing them since early this year.

Farmers made good profits last year, but now many of them are incurring great losses. The oversupply has led to ...

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