Industry / Argentina
Coffee Update: Upward Revision To 2011 Price Forecast
September 2010 | Commodities ForecastCore View: The supportive fundamental dynamics we have highlighted came dramatically to the fore in recent months and buoyed prices beyond even our expectations, which were already more bullish than consensus. As a result, while trading will likely remain volatile in the short-to-medium term, we have taken the opportunity to raise our price forecasts for both 2010 and 2011.
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