Robusta rebounds strong after falling to 1-½ year low

Robusta coffee rebounded strongly after falling to 1-½ year low .

March robusta coffee was up 0.3 percent at $1,729 a tonne.

March arabica coffee was up  0.6 percent at $1.2585 per lb.

World coffee output is seen rising to a fresh record in 2017/18 as a recovery in robusta production in big supplies like Brazil, Honduras, and Vietnam the International Coffee Organization (ICO) said on Tuesday.

Copyright Reuters, 2018

Also read  Coffee prices settle higher on signs of tighter global supplies

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