Global coffee demand rose 2% year-on-year in fiscal year 2011-2012

Against the backdrop of rising coffee use in major emerging markets, especially in Asia and South America, global coffee demand rose 2 per cent year-on-year in the 2011-2012 fiscal year, US media reported on May 17th. According to the latest Bloomberg survey report, against the background of rising global coffee consumption and low listing volume, coffee futures closed by the end of May 2012.