Record Brazil coffee harvest pushes commodity price lower

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Rueters
Coffee futures slipped about 50% since a 14-year peak at May 2011. Market price was pushed down by a surging Brazilian supply of Arabica coffee. In 2012 the harvest reached an all time high or 55.9 million 60-kilogram bags. According to analysts estimates Brazilian farmers will supply 50.8 million of bags in 2013 and push the price even lower - the price may fall about 13% to $1,311 a pound by the June 30, 2013.

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.