date:Jul 19, 2013
jumped to as high as 3,000 tonnes, compared with about 1,000 tonnes in mid-May. Indonesia, the world's third-largest coffee producer, is also the second-largest grower of robusta after Vietnam.
The beans have been traded at $100 premiums FOB. We also see offers at $80 but only from small suppliers who want to sell 36 or 40 tonnes of beans, said a dealer in Sumatra, referring to the grade 4,80 defect robustas.
Many trading houses are still focusing on fulfilling deliveries. Premiums have come