MILAN – Demand will exceed supply by 3 million bags in coffee year 2015/16, according to the median forecast of coffee traders surveyed by Reuters. But a weak Real will limit the rally in prices to less than 15 percent from current levels. Front-month arabica prices on ICE Futures US were seen rising to 123.65 cents a lb by the end of this quarter and $135 cents the end of 2016.
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