Coffee to Rise 14% on Funds, Low Stockpiles, Brazil Co-Op
June 25th, 2008
Coffee to Rise 14% on Funds, Low Stockpiles, Brazil Co-Op Says (Bloomberg.com)
June 24 (Bloomberg) — Coffee in New York may rise as much as 14 percent to $1.70 a pound within two months as funds step up purchases amid falling stockpiles, the world’s biggest coffee cooperative said.