date:Aug 31, 2015
fee being held by Vietnamese merchants. who have been seeking higher prices, the appetite to be short of robusta is growing, ABN said.
Nonetheless, the bank forecast London robusta futures averaging $1,775 a tonne in the October-to-December quarter, well above the $1,637 a tonne being factored in by investors on Friday.
For New York arabica futures, the bank lifted its forecast for average prices in 2015 by 10 cents a pound to 135 cents a pound.
It estimated values averaging 135 cents a pound