Coffee futures update – 15/March/18

* May arabica coffee was down 0.1 cents, or 0.1 percent, at $1.2095 per lb.

* May robusta coffee was up $3, or 0.2 percent, at $1,755 a tonne.

* In Vietnam, local traders said farmers have sold about 50-60 percent of their stocks and are showing signs of slowing their sales as prices fall.

* Rabobank reduced its 2018/19 global coffee surplus forecast due to lower production expectations in top grower Brazil.

Copyright Reuters, 2018

 

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