Word: ofon
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Dates: during 2000-2009
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...While global coffee consumption grew slightly last year, the level in Europe - which brews up roughly twice as much as the U.S. in absolute terms - fell by 2%. "There's still a bit more to come with regards to demand erosion" in both of those big markets, says Abah Ofon, a commodities analyst with Standard Chartered in Dubai. Any growth in demand from developing markets, he says, is "insufficient to lift a market which is falling...