6AKARTA, April 16, 2011 - Indonesian robusta coffee beans were offered at a premium to London futures this week for the first time since June 2010 because of tight supply after rain damaged coffee cherries early this year, traders said on Friday.
The prospect of a relatively poor crop could mean the premium holding for some months, they said.
Sumatra robusta beans Grade 4, 80 defects, were offered at a premium of $20 a tonne to the July contract for shipment in May/June, or $2,499 a tonne on a free-on-board (FOB) basis, in the main growing province of Lampung on Sumatra island, traders said.
