Jorge Cardenas manager of Colombias Coffee Growers Federation welcomed Brazils export measures and said they clarified the market situation. He told journalists the measures set the rules clearly and helped dissipate whatever doubts the market might have had about the worlds biggest exporters policies. Brazils coffee institute IBC today opened export registrations for May with no quantity limit set. The contribution quota will be 15 pct of the minimum registration price which will vary daily.
COLOMBIA COFFEE CHIEF WELCOMES BRAZIL MEASURES