Coffee Gains in London as Roasters Build Stocks, Absorb Indonesian Supply

(Bloomberg) -- Robusta coffee futures rose for a
third trading session in London on speculation that exports from
Indonesia won't be sufficient to alleviate a supply squeeze as
roasters build up their stockpiles.

``Selling appeared from Indonesia in modest volume which
was evenly matched by industry buying,'' Paul Prescott, an
analyst with Fimat USA LLC in New York, said an in e-mailed
report. Robusta prices may continue to climb, he added.


Read more at Bloomberg Commodities News