Coffee to touch new highs on supply concerns

Coffee prices in the international market are expected to touch new highs in the near term on the back of tight supply coupled with speculation buying before a possible correction in the next six to nine months. While arabica prices in ICE Futures are now at 14-year high of $2.72 a pound for March delivery, robusta is at $2,290 a tonne for March delivery in Liffe futures. "Due to supply

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