1. A plunge in futures exchange coffee stockpiles also drove prices higher, traders said. 2. Coffee stockpiles in CSCE-monitored warehouses are near the lowest level since May, a reflection of increased demand from roasters. 3. Coffee stockpiles typically fall to their lowest level between April and June, Amaral said. 4. Coffee stockpiles normally fall in October as roasters process more beans to meet increased demand during cold-weather months. 5. Coffee stockpiles usually fall during October as roasters process more beans to meet increased cold-weather demand. 6. Concern about damage to coffee stockpiles comes after world supplies fell critically low earlier this year because of disappointing crops. 7. Coffee prices were little changed as traders awaited an industry report on U.S. green coffee stockpiles, which are viewed as a gauge of demand from roasters. 8. Coffee stockpiles in CSCE warehouses are less than a third of levels a year ago. 9. Coffee stockpiles usually fall during October as roasters process more beans to meet increased cold-weather demand during winter months. 10. Disappointing crops from Latin America and Indonesia resulted in a smaller-than-expected rebound in already-lean coffee stockpiles this year. |