date:May 30, 2014
Asian robusta trade came to a standstill on Thursday after benchmark London futures fell almost four percent on the prospect of rising output in top producer Vietnam and a sell-off in arabica, dealers said.
July robustas touched a 3-month low at $1,903 a tonne on Wednesday after New York arabica dropped nearly two percent as harvests ramped up in key producing regions. Arabica often influences robusta futures.
Vietnam's grade 2, 5 percent broken beans had changed hands at $30 to $40 below Lond