date:Jun 21, 2013
ow that (the Vietnamese exporters) could not sell, said a trader in Ho Chi Minh City.
Dealers in Singapore confirmed deals were done at $90 a tonne for the Vietnamese beans, while Indonesian robustas were sold to domestic and foreign buyers at $170 premiums this week.
What happens in London doesn't really reflect the fundamentals. Beans are at premiums in Indonesia and Vietnam and we just don't know why futures are so low, said a dealer in Jakarta. The local industry is confused. Shall we look