Vietnam takes part in coffee conference in London

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Vietnam joined representatives from 80 other coffee importers and exporters worldwide at the 107 th session of the International Coffee Organisation (ICO) inLondon from Sept. 26-30. During the session, the delegates discussed the apparatus of the ICO in the new tenure, accessed the situation in the world market and made forecasts on worldcoffee outputs in…


Land deal raises question over palm share sell-off

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A purchase of plantation land at $23,300 a hectare has raised questions over the "pasting" handed out to palm oil shares in this month’s stockmarket sell-off, which has left REA Holdings looking particularly unfairly treated. Shares in palm oil groups had already significantly underperformed average stocks, as measured by the Standard & Poor’s 500 index,…


Grocers see worst-ever month as food prices soar

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Higher food prices have landed UK grocers with their worst-ever month for sales, prompting a warning that investing in supermarkets "represents much higher risk than at any point in recent history". Overall UK sales rose 0.2% by volume in June, excluding fuel, narrowly beating market expectations, and a boost attributed largely to the early start…


Vietnam’s coffee price surpasses London price

Robusta coffee of Vietnam has for the first time since May 2010 been higher than the price in London market because of scarcity. In details, Vietnam’s price of 2 and 5% broken coffee for September delivery was $20-60 per ton higher than London level. One week ago, the bean coffee price had been $20 lower…


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