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Coffee Exports From India Dropping as Heavy Rains Shrink Harvest

Coffee shipments from India are poised to fall this year as a rally in global prices deters buyers from Italy to Russia and after unseasonal rains cut output for the first time in six years.

Exports may decline as much as 10 percent from 312,756 metric tons in 2013. The harvest probably dropped below 300,000 tons in the 12 months started Oct. 1 from a record 318,200 tons a year earlier.