date:Jul 08, 2014
Rabobank International increased its robusta price forecasts this month, citing lower inventories and a looming El Nino that could parch parts of Asia. Brazil and Indonesia are the top growers after Vietnam.
Vietnamese farmers are not interested in selling at this price level, especially as they hear about lower output in Brazil and Indonesia, said Phan Hung Anh, deputy director of Dak Lak-based Anh Minh Co., Vietnams largest private exporter by shipping volume. The fact that they have lower st