Coffee| Broker Marex Spectron forecast a global

Broker Marex Spectron forecast a global coffee surplus of 1.03 million 60-kg bags in 2016-17, compared with a deficit of 1.97 million bags in 2015-16. This surplus is more likely to be revised down rather than up. This downfall will be mainly due to dry weather which continues to threaten the robusta crop in Brazil and potentially to threaten the Vietnamese crop.