Indonesia

Indonesia and Vietnam should form a committee to jointly manage robusta coffee trading, according to Indonesian Coffee Exporters Association (AEKI) secretary Rahim Kartabrata.

"The two countries control 60% of the world robusta coffee market and this would be the only way to change the present situation where the commodity’s market price is mainly determined by a handful of fund managers at the London commodity exchange," he said. "If Indonesia and Vietnam can handle the market through joint actions, a positive sentiment will no doubt prevail in the market, and this will boost the robusta coffee price at the farmer`s level," according to Kartabrata.