Aceh exports coffee

Aceh exports coffee

JAKARTA (JP): The Central Village Cooperative (Puskud) in Aceh
will export 16 tons of Arabica coffee to Denmark at the end of
this month.

Puskud chairman Hasbi Ali said on Wednesday this would be the
first time the cooperative had exported coffee.

"The cooperative's coffee will be bought by the Central
Cooperative of Denmark, which is willing to take Aceh's coffee
without any quotas," he was quoted by Antara as saying.

He said the price of Arabica coffee in the international
market had dropped to between US$2.3 and $2.5 per kilogram from
$3.5 per kilogram due to oversupply in the Europe and Asian
markets.

The price of Arabica coffee in Central Aceh also declined to
Rp 10,000 per kilogram early this week from Rp 15,000 per
kilogram a few months ago due to lower international prices and
the strengthening of the rupiah against the US dollar.

The price of Aceh's Robusta coffee also dropped to Rp 8,000
per kilogram from Rp 11,500 per kilogram.

Aceh's total coffee exports almost doubled to 4,011 tons last
year from 2,625 tons in 1997, with foreign exchange earnings from
coffee exports rising to $13 billion from $10.3 billion

Denmark is the fourth largest overseas market for Aceh after
Japan, the United States and Thailand. (cst)