DJ Mexico,C. Amer Cash Coffee: Little Trade As Buyers Eye Stocks
Last update: 8:35 p.m. EST Jan. 9, 2009
MEXICO CITY, Jan 09, 2009 (Dow Jones Commodities News via Comtex) -- Physical trading was slow this week in the cash coffee markets of Mexico and Central America as cash differentials soared on a supply squeeze for high quality beans, traders and exporters said Friday.
Traders said as concerns grew over the supply of top quality mild washed arabica beans from Colombia, the world's largest producer of mild beans, Central American coffee producers were raising their premiums. This led buying demand to switch to certified stocks instead.
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Labels: coffee market
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