Global Demand Could Extend Coffee ETN Rally | Page 2 of 2 | ETF Trends

“Many people, including me, had expected that the harvest will be good,” Moelyono Soesilo, marketing manager at PT Taman Delta Indonesia, said in the article. “When we conducted a crop survey in West Lampung last month, I was surprised to find lots of flowers and small cherries were knocked off the trees.”

Additionally, the World Cup will also increase demand in Brazil.

“Soccer fans will be staying up overnight at home or at a cafe,” Pranoto Soenarto, head of specialty coffee at the exporters and industry group, said. “Wherever there’s a TV, people will watch the World Cup and drink coffee.”

iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN

For more information on coffee, visit our coffee category.

Max Chen contributed to this article.