Coffee production from Dak Lak in Vietnam, the principal growing region in the world’s largest robusta producer, may increase 5.3 percent after good weather aided flowering, according to the local government.
Coffee harvesting in Vietnam, the world’s second-biggest producer, has been delayed by rains, according to officials and executives in Dak Lak, the biggest growing region. Robusta futures in London advanced.
Coffee growers in Vietnam, the biggest producer of robusta beans used by Nestle SA, are holding record stockpiles as they curb sales amid speculation that drought will reduce next year’s harvest. Futures fell.