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View Full Version : Archer Sees Arabica's Premium Over Robusta Falling About 50% - Bloomberg



NewsWhore
05-21-2012, 07:11 AM
Archer Sees Arabica's Premium Over Robusta Falling About 50% (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFDenqsv4ezgwE3GSw1bdfl9uxjsQ&url=http://www.bloomberg.com/news/2012-05-21/archer-sees-arabica-s-premium-over-robusta-falling-about-50-1-.html)
Bloomberg
Arabica coffee will probably fall to $1.60 a pound if the Brazilian currency fails to rally and rains that are hampering harvesting in growing areas stop, Costa said. The price may struggle to rise above $1.80, he said. “With the Brazilian currency so ...

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