If they fall to 120 cents or below, the organization will have to reduce export quotas.
An export quota for sawn timber has not yet been set.
The market has generally been well supplied since July 1989, when an international arrangement of export quotas collapsed.
The central issue for the coffee organization is the size and composition of a global export quota.
Since 2006 the Chinese government has been imposing export quotas reducing supply at a rate of 5% to 10% a year.
An export quota is a restricted amount of goods that can leave the country.
After their system of export quotas broke down in 1989, world coffee prices almost halved.
President Bush is expected to press Japan for new export quotas.
Therefore, we should look for some flexibility on export quotas.
I say we should give Egypt a fair export quota.
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