TITLE

Coffee To Average USc120.00/lb In 2009

PUB. DATE
June 2009
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jun2009, Vol. 20 Issue 6, p8
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents a forecast for Southeast Asian coffee trade for 2009 by the Business Monitor International Inc. (BMI). The BMI states that the strong coffee prices have relieved the troubled regional exporters such as Cambodia, Laos, Thailand and Vietnam which experienced a drop in demands. With this, the BMI predicts a record surplus of 10.6 million bags for 2009 which should restrict the upside for prices in the medium term.
ACCESSION #
40825540

 

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