Coffee in New York is as much as 50 percent overvalued as speculators drive up futures prices, helping inflate a global commodities “bubble,” Illycaffe SpA Chief Executive Officer Andrea Illy said.
Excerpt from:http://www.businessweek.com/news/2011-03-17/illycaffe-ceo-sees-coffee-up-to-5..." title="Illycaffe CEO Sees Coffee Up to 50% Overvalued on ‘Bubble’" target="_blank">Illycaffe CEO Sees Coffee Up to 50% Overvalued on ‘Bubble’
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