POLL: Funds, supply worries seen buoying coffee in 2006
Posted by TheShot on 18 Jan 2006 | Tagged as: Beans, Robusta
A Reuters poll expects coffee prices to remain elevated over worldwide supply concerns. Supplies are generally expected to rebound in the next crop year as regional markets recover from hurricanes and drought and Brazil eases the throttle on production: POLL-Funds, supply worries seen buoying coffee in 2006.
But to give you a sense of just how crude robusta coffee is, note that the industry tracks the price of robusta by the ton … not by the pound, as is the case for arabica.
2 Comments »
on 05 Mar 2006 at 5:28 pm -06:00T 1.TheShot.coffeeratings.com » 2006 Western Regional Barista Competition: Part 1, The Event said …
[...] Despite the fact that robusta is sold in commodity trades by the ton and arabica is sold by the pound, 70% of the coffee beans sold in the world are of the high-quality arabica variety. [...]
on 05 Sep 2006 at 4:33 pm -05:00T 2.TheShot.coffeeratings.com » Next hot commodity? Arabica coffee beans said …
[...] Although expectations of record robusta coffee bean prices were set months ago, it wasn’t until last month that the price of robusta reached a seven-year high in London. What’s next? Some say arabica beans, according to an article in today’s Seattle Post-Intelligencer: Next hot commodity? Arabica coffee beans. [...]