(Bloomberg) -- Coffee rose in New York for the
first time in five sessions as supplies from Vietnam dwindle and
shipments from Indonesia plunge.
Vietnam, the world's biggest producer of robusta beans, has
exported almost all of its last harvest. Indonesia, Asia's
second-largest producer, said yesterday that shipments from
three main growing areas fell 66 percent in May from a year
earlier because of bad weather. Robusta beans are traded in
London, and arabica, grown mostly in Brazil, trades in New York.
Read more at Bloomberg Commodities News
first time in five sessions as supplies from Vietnam dwindle and
shipments from Indonesia plunge.
Vietnam, the world's biggest producer of robusta beans, has
exported almost all of its last harvest. Indonesia, Asia's
second-largest producer, said yesterday that shipments from
three main growing areas fell 66 percent in May from a year
earlier because of bad weather. Robusta beans are traded in
London, and arabica, grown mostly in Brazil, trades in New York.
Read more at Bloomberg Commodities News
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