date:Feb 16, 2019
ors.
The overall outlook is somewhat similar for robusta beans, primarily used for instant coffee or added to blends as a cheaper ingredient. Robusta prices are expected to rise to $1,775 per tonne by the end of 2019, a 16 percent increase from Monday's close, according to the poll.
Production in Vietnam, the world's biggest grower of the varietal, was pegged at 29.75 million bags in 2019/20, largely on par with production estimates for 2018/19.
Demand should be more than enough to absorb hig