date:Jul 19, 2013
this month, the highest since 2012, although deals were struck at $150 premiums.
Differentials for Vietnam's grade 2, 5 percent black and broken beans were steady at $100 to $130 a tonne this week as farmers held on to their beans, hoping for higher global prices and better returns.
Indonesia and Vietnam together account for nearly a quarter of the world's coffee output. Robusta is either blended with higher-quality arabica beans for a lower-cost brewed coffee or processed into instant coffee