Colosseum a.s. (Colosseum a.s.)
Commodities  |  September 20, 2012 09:06:28

Coffee cheaper higher stocks

ColosseumInventories monitored Arabica coffee type ICE Futures U.S. Exchange yesterday soared to the highest level in more than two years. In 2012 has increased by 36% to 2.08 million bags. Arabica price this year has decreased by 23%, while the price of lower quality varieties of coffee, Robusta, is higher by 11%. The December arabica coffee on ICE Futures U.S. yesterday declined by 1.7% to 174.40 cents a pound weight.

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