Traders have scooped up far forward robusta futures at record levels as concerns that dry weather in top growers Brazil and Vietnam will ravage crops, tightening supplies as roasters buy fewer smoother-tasting but higher-priced arabica beans. Traders rushed to buy beans to guarantee delivery ahead of fall & winter season.
Coffee| Traders have scooped up far forward robusta futures at record
January 9, 2015 11:12 AM | Skymet Weather Team