Coffee| Coffee prices will face upward pressure, with reasons for support

March 10, 2015 9:28 AM | Skymet Weather Team

Coffee prices will face upward pressure, with reasons for support for arabica futures particularly strong, the International Coffee Organization (ICO) said. The ICO lifted by 360,000 bags to 142 million bags its estimate for world output in 2014-15, citing improved expectations for output in Honduras, and in four African nations.

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