Coffee prices to surge to $3 a pound - and beyond

Coffee prices are on their way to $3 a pound � and beyond, a veteran analyst has said, terming the market the "hands down favourite" among soft commodities to extend its rally. The rally in coffee prices - which on New York's futures market hit a 13-year high of 268.40 cents a pound on Friday, double their price a year ago - had been insufficient so far to ease the squeeze in the market. The "

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