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Govt moots base price for robusta exports.

Business Line

| February 28, 2002 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

The Government's stand not to curb production or export is in variance with Indonesia's proposal.

CHENNAI, Feb. 27 THE Government has asked other major Asian coffee producers, Vietnam and Indonesia, to consider a proposal to fix a minimum price for export of robusta coffee.

"Our Government has told Vietnam and Indonesia that robusta should not be undersold and we could fix a minimum price for exports," official sources told Business Line.

The sources were responding to queries on what common marketing strategy had the Government mooted to Indonesia and Vietnam to help the growers from the current situation arising out of low prices.

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