Asian coffee exporters feel the heat as premiums soar
date:Jun 21, 2013
June.

Local export groups say the figure may be much higher.

We may experience deja vu, a repeat of what happened in 2011, Moelyono said.

Heavy rain damaged the crop in the 2011/12 season, causing a chronic supply shortage that sent premiums to all-time highs of $550.

In Vietnam, premiums stood at multi-month highs at $120 a tonne this week, versus discounts of $15 to $35 in early January. Vietnamese beans are normally sold at discounts to futures.

People could get a deal at $90, while bel
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