ABN upbeat on cocoa, coffee prices, but cautious on sugar
date:Aug 31, 2015
ABN Amro sounded a bullish note on prospects for cocoa and coffee futures, and for sugar too, although said there was limited potential for a substantial recovery in prices of the sweetener.

The bank, nudging higher its forecast for arabica futures, said that bullish arguments for coffee have increased with reductions to expectations for Brazilian production this year.

The price-driving factor is the smaller-than-expected domestic supply in Brazil, the top coffee producer and exporter, with ha
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