Speculators squeezing world coffee market, say Vietnam’s exporters
July 2nd, 2009
Vietnamese coffee industry leaders are meeting urgently to cope with the lowest export prices in three years. Speculators are blamed, but it’s said that Vietnamese exporters have fallen into the trap because of their lack of professionalism and unity. When coffee prices dance Vicofa Chairman Luong Van Tu Vietnam is the No2 coffee exporter after [...]