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Re: Update on Proposed Coffee Balance Sheet
I agree short term, but 6 months from now is a long time for the vaccines to be implemented and for life to return to a semblance of normal across most of the world in my opinion. Obviously government balance sheets are a huge problem in the wake of this but that won't affect everyday economic function. We know demand for coffee and other items is not what it would be without the pandemic and thats in price. If demand does reaccelerate by 3rd Quarter of this year I think the market will be caught off guard, but its still an if with a lot of unknowns today ill grant.