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Second half of the year bodes well for coffee

Last month, the spread between arabica and robusta coffee prices fell to its lowest level in over ten years. Elsewhere, France recently announced that it will curb the use of palm oil in biofuels owing to environmental concerns. In this Commodities Watch, we first assess the key drivers of the narrowing coffee spread and then discuss the prospects for arabica and robusta prices going forward. Finally, we discuss the possibility of the EU limiting imports of palm oil and the potential impact on the price.

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