date:Jan 17, 2014
n track New York arabica futures, dropped by $22 to end at $1,706 a tonne on Wednesday, but the contract had moved away from a 3-1/2-year low of $1,431 hit in November.
Sumatran 4,80 defect robustas stood at premiums of $80 to London futures, within sight of last week's range of $40 to $80, with no deals. A minor crop, or fly crop, began in Sumatra, with the main harvest expected to start in March or April.
Indonesia's output in 2012/13 was estimated to have risen 74.7 percent to 12.7 million