Coffee prices up on export demand

Other grades of coffee such as PB and C remained unsold as sellers were demanding higher prices buyers were not willing to pay,it said.

Only 78,000 kg was sold out of the total 205,864 kg offered for sale.

Coffee exports from India fell 10.1 per cent to 58,115 tonnes in the first three months to December of the coffee year,according to information available on the state-run Coffee Board8217;s website.

India,the world8217;s fifth biggest producer,accounts for less than 4.5 percent of the world8217;s coffee,but exports 70-80 per cent of its output. Italy,Russia and Germany are the top buyers of Indian coffee.