Coffee: Price Forecasts Revised Lower As Market Supply Improves
Commodities / Global / Tue 30 Jan, 2018
BMI View: We have revised our coffee forecasts lower on improved global production prospects. Following a period of weakness leading into H118, prices will rise out to 2019 as the market tightens slightly, before averaging lower starting in 2020 as the market records surpluses.
Short-Term Outlook (three-to-six months)
Arabica prices will trade