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> Marex Spectron this month increased its estimate for a global coffee deficit to 10.7 million bags in 2021-22, compared with its previous projection of 8 milli
by wobbly_bush 6y ago
> Marex Spectron this month increased its estimate for a global coffee deficit to 10.7 million bags in 2021-22, compared with its previous projection of 8 million bags, citing lower Brazilian arabica output after adverse weather damaged crops. Goldman Sachs Group Inc. said in a report that if production in Central America doesn’t improve in coming years, the market will enter a structural deficit given the rebound in demand