Indonesian Political, Business & Finance News

Coffee meeting canceled

| Source: REUTERS

Coffee meeting canceled

JAKARTA (JP): A meeting of top robusta coffee producers
scheduled for today on the resort island of Bali has been
canceled, an Indonesian official said yesterday.

Paian Nainggolan, Indonesia's representative to the
Association of Coffee Producing Countries (ACPC), told Reuters
the meeting was called off after Ivory Coast Commodities Minister
Guy-Alain Gauze informed organizers he could not attend.

"We were informed last night that Mr Gauze could not attend
the meeting because of unavoidable circumstances," he said.

"So we (robusta producers) held an informal discussion on
Tuesday night. We did not take any decision at the meeting since
it was informal and did not have an agenda," he said.

He said the meeting did not discuss the sharing of export cuts
decided on by the ATPC.

But he said Brazil had proposed talks on the issue could be
held during the International Coffee Organization (ICO) meeting
in May in London.

"There was no decision on the Brazilian proposal," he added.
The ACPC decided at its meeting in Brazil on Jan. 23 to reduce
robusta exports by one million 60-kg bags in the first half of
this year. Indonesia has decided to reduce its exports by 150,000
bags in the period.

View JSON | Print