Thursday, 24 November 2011

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Coffee supply crunch spurs rally as poor weather damages crops

  • Thursday, 24 November 2011
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  • NEW YORK – Coffee’s biggest slump in three years may be ending as weather damages crops from Colombia to Indonesia, reducing US inventories to the lowest since 2000. Stockpiles in warehouses monitored by ICE Futures US fell 16 percent since December, declining for a fourth …



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