Coffee futures recover
ROBUSTA coffee futures jumped to $1500 a tonne – recovering most of the ground it has recently lost.
Coffee had dropped to $1480 this week, the victim of enduring concerns about the Brazilian harvest.
The International Coffee Organisation will meet again in July in an attempt to reach a deal on the future of the global coffee agreement, due to expire in September.
- Coffee jumps on weather report, FWi, 20 May, 1999
- Financial Times 27/05/99 page 38