Vietnam Coffee-August exports seen at 100,000 to 120,000 tonnes
Tuesday, August 4,2015AsemconnectVietnam - Vietnam's August exports of coffee could reach between 100,000 tonnes and 120,000 tonnes, depending on ICE robusta futures prices, compared to a government estimate of exports of 115,000 tonnes last month, traders said on Tuesday.
"If London futures revisit $1,800 a tonne or more, August exports could rise; otherwise, shipment will be the same as July," said deputy director Phan Hung Anh of Anh Minh Co, referring to the ICE November futures contract , which closed at $1,645 a tonne on Monday.
Source: Reuters
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