Interview with Doctor Nestor Osorio, Executive Director of the International Coffee Organization (ICO): COFFEE TIME By Gustavo Capdevila IPS COLUMNIST SERVICE APRIL 2007 GENEVA, Apr (IPS) Though speculation by investment funds has introduced a persistent volatility into the coffee market, executive director of the International Coffee Organization (ICO) Nestor Osorio holds that it will maintain its current equilibrium and remunerative prices for the present year. The Colombian diplomat, who recently attended a seminar in Geneva on Commodities and Development organised by the UN Conference on Trade and Development (UNCTAD), responds below to questions from IPS. In this period of a commodities bonanza for developing countries, coffee appeared as the Cinderella, with falling prices. Will this tendency continue? The situation has improved somewhat. In 1989 after the collapse of the regulatory system of the market there was a gigantic quantity of coffee withheld to satisfy quotas. Between ...