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US Coffee C Futures - Jul 24 (KCN4)

Real-time capital.com
Currency in USD
Disclaimer
232.43
-7.92(-3.30%)
Closed

US Coffee C Futures Discussions

When do you think it will move down?
My experience says that it may not come down in immediate future
80% below normal rainfall in November in most coffee areas until now its now maybe easier to decide for you david
It's not a normal bull market but unpredictable Covid hit complex situation where demand is far outweigh supply.
🤦
Looks risky
Updated my shorts to close @228
You will all see soon jump towards 240.
Let's dance...let the volatility begin
where is going now
Closed my long from yesterday at 237.5
great job
Looks like going to 245 area then 300 historic high
historic high is 339 in 1975, that time used to have brazilian government stock to regulate market. Now a days we have god and ny ice
Do you guys think the price will go lower anytime soon? I went short far too early, this is biting me like crazy.
Sorry min 3-5%
Wish you great 🤞 luck
it looks like hedge funds are pulling the trigger and who knows where will take profit
Can somebody tell me - due to price increase - if we have 10 to 15 % lower demand in coffee- globally - how much would that be ? Thank you
Speculation should
Specilation has no limit, i think Biden need to step in :)
so is the resistance broken?
Added 2 more shorts @237.25... lets see what happens
i am also short 225 average. any hope to go down?
 Waiting for 215-220 to close shorts. Average from 233.10
Can the price reach to 245 today?
Sure even 300 why not
We are close to backwardation... First time from long long time
I was wondering the same that it is a rise not a fall:)) but I wasn't 100% sure
It means that market is going into deficit first time from long long time... Most expensive contract is May 2022. Maybe this is hint from the market about timing, when will be top.
 Big moves on 23/24 contracts suggesting the market is now starting to price in a multi year problem
Got with another short buy, tp 239..let's see.
Its hard to find 20mil bags in the short term so the need is there in an in-elastic market to get prices high enough for consumption to fall. With the base cost of the coffee so low in a drink its a big price rise to get a meaningful fall in consumption
Good reasoning!
exhaustion gap?
🚀🚀🚀
India market down....today
India market down....today
India market down....today
so do you expect pullback? I hope to get on the board again but it looks so strong now. previous pullbacks opportunity cost...
It has already been said here in the discussion, when we exceed 236 it will be about 250 and more, I personally believe and bet on turnover and bearish direction
Tomorrow comes a break down
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