Robusta coffee climbs to 10-year high on Brazil weather concern
16 | 10 | 2007
Robusta coffee rose to a 10-year high in London on concern that drought in Brazil and possible floods in Vietnam will curb supplies from the worlds biggest growers. Brazils main coffee-growing regions of Sao Paulo and Minas Gerais are unlikely to see much rain in the next seven days, US weather forecaster Meteorlogix LLC said in a report yesterday. Rain in Vietnams southern coffee belt may mean flooding, the forecaster said.