Coffee stockpiles held by Vietnam farmers have shrunk to their lowest level since 2012, according to a survey lead by Bloomberg.Reserves of unsold beans at the end of last month were 15% of the harvest, compared with 18% in June 2013, the median of estimates from nine traders and analysts showed.
This represents the lowest proportion for this time of year since 2012.
Production may drop 4 percent to 1.65 million metric tons in the year starting October from a record 1.72 million tons a year earlier, the survey also revealed.
