date:May 26, 2016
s of $1,600 a tonne from the July-to-September quarter onwards which are well below London prices.
Investors are betting on a price of nearly $1,700 a tonne in a years time.
However, Rabobank disputed talk of dry weather damage to robusta crops, forecasting a fairly good harvest of 27m bags (plus 1m bags of arabica beans) in top producer Vietnam.
We disagree with the wires overstating the dry weather there, as we hear of good growing conditions.
For India too, the bank said it was a little mo