The International Coffee Organization (ICO) said on a report on Bloomberg, that the Colombian coffee may earn a higher premium following a bad 4th quarter.
Day one of October was the start of the crop's recovery but it won't be substantial as output and it may be less than ICO's forecast of 9.5 million bags. The figures are not enough for the crop to have a strong rebound from the worst harvest in 35 years.
More details on the full report, on the link below.
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