Wednesday, January 23, 2008

Coffee slightly changes as Cocoa decline

"...Coffee slightly changes as Cocoa decline

By Eddyson Lugangwa
Posted 22 January 2008 @ 02:46 am EST
... Earlier in the session, Robusta coffee gained $15 or 0.8 percent, to $2,003 a metric ton on the Liffe exchange in London but closed down $3 or 0.2 percent, lower at $1,985 a metric ton. Last year, coffee made the biggest decline since the week ended Dec. 7 when it fell 2 percent.

The International
Coffee Organization predicted that world coffee production may increase by 8.6 percent to 126 million bags in the 2008-09 season.... "


Source.

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