Sunday 19 May 2024
  • Triesteexpresso

Robusta coffee futures hit six-month high for second day

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  • Dalla Corte
TME - Cialdy Evo
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MILAN – Robusta coffee futures for July delivery equalled Monday’s intraday six-month high of US$1,665 and unlike yesterday managed to keep most of the gains to close at US$1,660. Fresh news coming from Vietnam and Brazil gave support to prices.

In Brazil, initial reports on the Conillon crop show that bean size is very small and quantity lower than initially forecast.

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