date:Aug 08, 2014
unts of $30 to $60 a tonne to London's November contract, a range on either side of last week's traded price of $50 below London values.
We've done deals at minus $40 for Vietnamese beans. That will be for August and September shipments. Compared to Indonesian beans, the Vietnamese price is still very attractive, said a dealer in Singapore.
I would say Vietnam is very active in selling beans. I think they are trying to clear stocks.
Vietnam produced around 1.4 million tonnes, or 23.3 million