Tuesday, 26 April 2011
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Robusta Coffee Climbs Above 4% on NYSE Liffe as Roasters Buy
Robusta coffee futures jumped as much as 4.7 percent to $2,549 a metric ton on NYSE Liffe as roasters bought beans. "European roasters are doing a bit of buying," Luis Rangel, vice president of commodity derivatives at ICAP Futures LLC in Jersey City, New Jersey, said by phone. Robusta coffee for July delivery closed up $67, or 2.8 percent, at $2,502 a ton in London. Arabica coffee for July
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