Drought hits Brazil instant-coffee exporters
They are no longer entering into new contracts amid a shortage of the robusta beans needed for the brew
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Sao Paulo
BRAZIL's drought has got so bad that the country's instant-coffee makers, the world's top suppliers, are no longer entering into new export contracts amid a shortage of the robusta beans needed to make the quick brew.
Producers have stopped entering into sales commitments since September because of depleted stockpiles of the beans, according to ABICS, a group representing the nation's soluble coffee industry. Brazil is the world's No 1 maker and exporter of instant coffee.
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