date:Jan 26, 2016
stors expect.
London-traded robusta coffee futures were forecast ending 2016 at $1,650 a tonne, above the price of $1,527 a tonne that the market was factoring in on Friday.
Coffee prices are set to rise in 2016, Mr Rijkers said, flagging an expectation that demand will exceed supply by more than 4%.
And this is ahead of potential production losses to weather threats, including a hangover from El Nino, which has brought dryness to much of South East Asia.
While output in Vietnam, the top robusta