Robusta Coffee Extends Surge to 4-Year High as Supply Woes Mount
- Logistic troubles in Vietnam adding to tight supply scenario
- Continues to buck general weakness across commodities
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Robusta coffee prices extended a run to the highest in more than four years as concerns deepen over the supply outlook from Vietnam and Brazil, the world’s top two producers.
Robusta for November delivery jumped as much as 1.3% to $2,178 a metric ton on ICE Futures Europe.