BANDA ACEH, NETRALNEWS.COM - Demand for Gayo arabica coffee exports is said to be declining ahead of the peak day of the harvest of the leading commodity at the farm level in Central Aceh and Bener Meriah Districts at the end of the year.
Armiadi, Chairman of the Indonesian Fairtrade Producers Association (APFI) Armiadi, said the decline in the volume of export contracts was estimated to reach 40 percent as compared to last year's contracts.
"It is estimated that there is a decline of 30 to 40 percent, far from last year's contract," he said in Central Aceh, Monday (11/18/2019).
Armiadi said the drop in demand for gayo arabica coffee export happened due to the simultaneous coffee harvest season in various countries around the world, so the buyers have enough stock of goods so as to reduce purchases for a while.
"Maybe last year's stock has not been used up, meaning that the goods are still in the warehouses. So, the buyers have not bought more. Then, there is also the influx of coffee from various countries in the world, world coffee harvest is quite significant," he said.
Armiadi continued that the weakening of the volume of foreign contracts had nothing to do with issues that had developed lately, about the presence of glyphosate chemical findings in Gayo arabica coffee.
According to him, this condition purely happened because the world coffee market was weakening, as the world coffee harvest season from a number of countries, which caused the stock of goods to accumulate among buyers.
"The majority of contract cuts for Gayo coffee are from the United States, because the biggest buyer so far is also from there," he said, as reported by Antara.