Coffee| Drawdowns of robusta coffee from ICE approved

June 21, 2016 7:29 AM | Skymet Weather Team

Drawdowns of robusta coffee from ICE approved warehouses have slowed due to cheap freight costs are prompting European roasters to seek relatively inexpensive supplies of fresh beans directly from top grower Vietnam. Exchange warehouses are the cheapest source of robusta as discounts are applied to stocks that have been held for a while.

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