date:May 30, 2014
on futures earlier this week, versus $75 discounts last week. Higher-quality robustas usually purchased by Nestle, the world's biggest food group, were reportedly traded at premiums of $10.
Exporters in Vietnam will hold back because of the current prices in London. They think prices could rebound if they stop offering beans, said a dealer in Singapore. I haven't got offers from Indonesia after prices dropped last night.
Vietnam's 2014/15 coffee output is estimated at 29.2 million 60-kg bags,