Wednesday, 18 May 2011
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Brazil Coffee Prices Are Supported by Rising Demand, Cepea Says
Rising demand is supporting robusta coffee prices in Brazil, the world's second-largest producer of the variety, according to a report by Cepea, a University of Sao Paulo research group. "Advanced field works heated up trades, and the high demand for the robusta variety has been keeping quotes at high levels," analyst Margarete Boteon wrote in the report yesterday. Coffee consumption in Brazil
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