Liffe Coffee Slides On Risk Aversion DJ-10:50GMT -

Liffe Coffee Slides On Risk Aversion DJ-10:50GMT -
  Liffe robusta coffee futures fall just like  many riskyasset markets after Greece admitted it will not meet deficit reduction targetsfor this year. Additionally, for robusta, low supplies of arabica beans arekeeping the arbitrage between NY and London wide. Concerns dry weather inBrazil could also trigger early flowering are also supportive, says Macquarie.Still, "higher robusta supplies from a record Vietnam crop could providesubstitution pressure to naturals in roasters' blends, thus easing demandpressures," says the bank. March is down 1.6% at $1,953/ton.