July 5, 1995 in Nation/World

El Salvador Halts Coffee Exports

Associated Press

El Salvador announced Tuesday it is joining other Latin American nations in suspending coffee exports temporarily to shore up plunging prices.

Costa Rica, El Salvador, Honduras, Nicaragua and

Colombia already have stopped coffee exports after international prices dropped from $180 per 106-pound bag in May to $130 last week.

Brazil said Tuesday it hasn’t decided whether to suspend its own exports.

Guatemala already sold its crop months ago on the futures market.

© Copyright 1995 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Get stories like this in a free daily email

Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus