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Viet coffee farmers curb sales as output slumps

ROBUSTA DROUGHT: Global robusta deficit is estimated to be 3 million bags in the year started Oct 1, the largest since 2006.


COFFEE farmers in Vietnam, the world's top supplier of the robusta variety used by Nestle SA, are curbing sales to secure higher prices, aided by cheaper credit which increases their ability to store beans.

Output in the year from Oct 1 will probably fall about 6 per cent to