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NotiSur PDF file 1989 right arrow Jul

International Coffee Organization Export Quota System Collapses; Prices Plummet

LADB Article ID: 072508
Category/Department: General
Date: Tuesday, July 4, 1989
By: John Neagle

On July 4, coffee prices plummeted to their lowest level since September 1981 after the collapse of the International Coffee Organization's export quota system. Beans for delivery in September were being sold at 850 pounds a tonne early Tuesday,...

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