Declining coffee exports from Vietnam, the world’s largest producer of the robusta variety used in instant drinks, drove bearish bets on the beans traded in London to a six-week low, NYSE Liffe data showed.
Zon Multimedia SGPS SA, Portugal’s biggest cable-television company, predicts the country’s pay- television growth will slow in next three to four years as the market matures, Chief Executive Officer Rodrigo Costa said.
Money managers more than doubled bearish bets on robusta coffee traded in London as Vietnam, the world’s leading producer of the variety used in instant drinks and espresso, is set for a record crop, NYSE Liffe data showed.
Arabica coffee climbed for a second day in New York on speculation investors will start buying futures just as Brazil, the world’s leading producer, authorized credit lines to support growers. Sugar fell and cocoa rose.