Coffee prices in New York are as much as 50 percent overvalued as speculators drive up futures, creating a global commodities “bubble,” Illycaffe SpA Chief Executive Officer Andrea Illy said.
Read more: http://www.bloomberg.com/news/2011-03-17/illycaffe-ceo-says-coffee-up-to-50-o..." title="Illycaffe CEO Says Coffee Up to 50% Overvalued Amid Commodities ‘Bubble’" target="_blank">Illycaffe CEO Says Coffee Up to 50% Overvalued Amid Commodities ‘Bubble’via Crossposterous
No comments:
Post a Comment