Thursday, July 19, 2007

Robusta Coffee Advances in London on Increased Buying From Roasters

(Bloomberg) -- Robusta coffee climbed in London on
increased demand from roasters for the bitter-tasting beans used
to make espresso and instant coffee.

Vietnam, the world's biggest grower of robusta, has
exported almost all of its last harvest, while stockpiles in
European warehouses have fallen 12 percent this year, pushing
prices to a nine-year high of $1,945 a ton on June 22.


Read more at Bloomberg Commodities News

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