(Bloomberg) -- Robusta coffee climbed for a second
day in London after Dow Jones reported that Indonesian supplies
have plunged and a forecast that production will drop next year.
Indonesian production and exports dropped by two-thirds in
the first six months of the year because of delays in the
harvest, Dow Jones reported today. The country is the world's
second-biggest grower of the bitter-tasting beans. Global output
may fall 9.2 percent in the next crop season, ending September
2008, commodity researcher F.O. Licht said yesterday.
Read more at Bloomberg Commodities News
day in London after Dow Jones reported that Indonesian supplies
have plunged and a forecast that production will drop next year.
Indonesian production and exports dropped by two-thirds in
the first six months of the year because of delays in the
harvest, Dow Jones reported today. The country is the world's
second-biggest grower of the bitter-tasting beans. Global output
may fall 9.2 percent in the next crop season, ending September
2008, commodity researcher F.O. Licht said yesterday.
Read more at Bloomberg Commodities News
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