(Bloomberg) -- Robusta coffee futures rose for a
third consecutive day in London, trading at a nine-year high, on
speculation global supplies won't meet demand.
European stockpiles of the beans declined 12 percent this
year, London's Euronext.liffe exchange said on its Web site
after trading ended yesterday. Robusta has jumped 22 percent in
2007 on dwindling supplies from Vietnam, the biggest producer,
which has exported almost all of its last harvest.
Read more at Bloomberg Commodities News
third consecutive day in London, trading at a nine-year high, on
speculation global supplies won't meet demand.
European stockpiles of the beans declined 12 percent this
year, London's Euronext.liffe exchange said on its Web site
after trading ended yesterday. Robusta has jumped 22 percent in
2007 on dwindling supplies from Vietnam, the biggest producer,
which has exported almost all of its last harvest.
Read more at Bloomberg Commodities News
No comments:
Post a Comment