Stocks of coffee in Brazil, the largest coffee-producing country in the world, in six months will fall to a record low leve, Bloomberg agency wrote with reference to the statement of the president of the Brazilian National Coffee Council Silas Brasileiro.

According to his forecast, stocks of coffee in the republic by March will drop to 7 million bags, while analysts consider a comfortable level of 9-12 million bags of 60 kg each.

Cecafe Exporters Group board member Nelson Carvalheiro said the country's coffee stocks are so small that even if next year's crop is good, Brazil will barely have enough coffee to meet demand." "We just need rain," he concluded.

In August, The Wall Street Journal wrote that the price of coffee could rise seriously by the end of 2022 because of Brazil's poor harvest.