Thursday 25 July 2024
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INDONESIA – Premiums at 3 month low on increased deliveries

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MILAN – Premiums for Indonesian Robusta fell to $80-$100 a tonne to London futures last week, as farmers increased their deliveries to raise cash ahead of a Muslim festival.

This is the lowest level since April reports Reuters.

Sellers in Vietnam are still offering Robusta at premiums of up to $130, their highest in two years, says the same source.

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