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US Coffee C Futures - Jul 24 (KCN4)

Real-time capital.com
Currency in USD
Disclaimer
230.35
+4.45(+1.97%)
Real-time Data

US Coffee C Futures Discussions

On July 15 I said its going for 220
it bits human understanding
it is something we cant predict yet, according some weather chanels the drougness this year will be worst than 2021, i hope not
if the rain comes, will be a great harvest 23
we slso need to remember that cold extreme lije we had last two months will also affect the production
Backwardation is high and rising, clear sign that there is lack of physical coffee now.
No pending bags on ICE, stocks in freefall, no one wants to stay short for delivery, contract rolling might be fun.
R U Long Coffee?
"Coffee prices on Friday settled mixed, with robusta falling to a new 10-1/2 month low.  Weakness in the dollar Friday sparked short-covering in coffee futures and helped arabica recover from an 8-month low.  Tightness in ICE coffee inventories is also supportive for arabica prices after ICE monitored arabica coffee inventories on Friday dropped to a new 22-year low of 740,167 bags."
Another day with 10k drop of ICE stocks.
For now ICE is not being the focus.
Today is the last day and the day we say goodbye to the 200 level we will leave it for a few years for a touchdown 170 this month - 146 sep. around 100 next year, then could back again
Based on what are your value suggestions?
Back in the green
Soon 220
very green friday
soon 160.90
never been so easy to sell overpriced commodities lol
nice 11 dollar hammer since that post..
nxt lvl sam
Last long at 195.55, price it's oversold and great opportunity for longs :)patience and you will hit good profits before end of the week
Gravitation
200 broken before 270.. cheers
Finally :) ! Congratulations!!! Although, it would be fair to mention that it took much longer than many predicted.
rip... see you at 140 in due time
Calm down Sam, don't be hasty. I know that the market sometimes doesn't go towards the fundamentals but things are not looking good for coffee (apart from the drops of the last few days), and the future forecasts too (maybe they are wrong).
Sam , Lol, 140 hahaha
what's happening?
Prevailing USDA report
Coffee is its own beast, what is the correlation over past 10 years? Likely low beta.
Checking, the adherence of coffee to oil and silver is very low over the years.
Don't you get it? All commodities are collapsing and coffee is not exception. Fundamentals doesnt matter today.
At this price levels contract rolling might be fun, and ICE certs will be melting on new lightning pace. Not saying that prices will go up ;)
Another long at 198.95, it will spike soon
Bye bye 200 lol
expensive coffee..
muy costosa la condenada
Long at 201.18
kamikaze is back again lol
What's happening, again ?
bot too late to short..
a nice hammer on the way. only frost saves you this time...
Sam this is not about coffee. Look at all commodities including Oil.
oil has been a short too.. yes I understand.. cycle is over
expensive coffee...
The harvest is not late. This is a bad crop after the frosts last year. Its been dry. How would harvest be late. Good luck shorts. Better have your stops. The G7 came and sold paper after their meeting. Doesnt create supply. Dollar just about exhausted.
Wise words to the deaf
When Coffee is down, Starbucks should've given us discount
It is not worth taking the ladder to change the prices of the plates. The end of the harvest is near and soon they asked: "where's the coffee?"
USDA has opposite point of view. Record robusta crop and decent arabica recovery.
Tantra, the value of raw coffee has little effect on the price of coffee in coffee shops.
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