Coffee Price to Rally on Demand, Brazil’s Cecafe Says
By Aya Takada
Oct. 16 (Bloomberg) — Coffee prices will probably rebound to $1.40 a pound within the next six months if the global credit crisis subsides, as world consumption keeps growing led by demand from emerging markets, Brazil’s exporter group said.
“In Eastern Europe demand is very good,” Guilherme Braga, general director at Brazil’s Coffee Exporters Council, known as Cecafe, said in
Original post by Robert