Asia coffee premiums at all-time highs

14 Aug, 2011

Premiums for robusta coffee stayed at record highs in Asia on lingering supply concerns, but demand was scarce and more exporters are likely to delay shipments from Vietnam because of a shortage of beans, dealers said on Thursday. Grade 2, 5 percent black and broken beans fetched a premium of up to $220 a tonne above London's front-month September contract in Vietnam, the world's largest robusta producer. Premiums stood at $150 above the November contract.

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