ICO PRODUCERS TO PRESENT NEW COFFEE PROPOSAL

  International Coffee Organization, ICO,
  producing countries will present a proposal for reintroducing
  export quotas for 12 months from April 1 with a firm
  undertaking to try to negotiate up to September 30 any future
  quota distribution on a new basis, ICO delegates said.
      Distribution from April 1 would be on an unchanged basis as
  in an earlier producer proposal, which includes shortfall
  redistributions totalling 1.22 mln bags, they said.
      Resumption of an ICO contact group meeting with consumers,
  scheduled for this evening, has been postponed until tomorrow,
  delegates said.
  

