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| 1/23/2009 12:00:00 AM

Europe coffee: Colombia short, alternatives sought

Jan 23 -- Colombian beans were once more in very low supply in Europe's cash coffee market this week and European roasters urgently sought alternative origins, traders said on Friday.

"Volumes of coffee being offered on the market from Colombia this week were once more simply insufficient to meet industry needs," one trader said. "There was fierce competition among buyers for the few supplies made available."

Colombian Excelso grades were traded at 26 cents above New York's May contract , unchanged on the week but up from 20 cents just before Christmas and only 9 cents above New York in October.
 
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EDICIÓN 1850

PORTADA

El hombre de las tulas

SEMANA revela la historia del misterioso personaje que movía la plata en efectivo para pagar sobornos, en el peor escándalo de la Justicia en Colombia.