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US Coffee C Futures - Jul 24 (KCN4)

Real-time capital.com
Currency in USD
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227.55
+3.55(+1.58%)
Closed

US Coffee C Futures Discussions

what going on this only one side move how much it will go up???
Hat is temporary my friend ?
What should be
This soaring price
If you check traders sentiment it show 70% sell 30 buy so it obvoiuse big money will go against this
Rally is relentless!!
Wondering when gap 204 will be closed eventually ?
Good Morning. Around 2011 we surpassed 300. Today the conditions of the coffee plantations are worse than at that time and add to this the great inflation of inputs, pesticides, machinery.
Good Morning. Around 2011 we surpassed 300. Today the conditions of the coffee plantations are worse than at that time and add to this the great inflation of inputs, pesticides, machinery.
there is no gap at 204 its at 215 will be closed before the end of this month
ICE Stocks -13k, pending 47k
MGom you should check the Speculative Managed Money Sector. they have almost 6 million bags.
ICE stocks are a good reference point for green coffee availability at destination, say the US. Due to a shortage of containers in main producing countries and crazy high freight costs + ver high shortterm demand before christmas, these stocks have decreased significantly, which increases demand for fresh coffee from origin, hence price goes up.
 and @Kenan, many thanks
200 is really max price and this is what we should trade this hope this will do as all other
Seriously is there a reason for this to be this high ?
From Vietnam, India amongst others there is very bad weather and poor crops. The bottom line is it is very simple. Supply is less than demand, thats it.
Same in Honduras. 3 million bags at most
I think it will be a bit higher than that,but still well below last decade´s highs of around 8.5 mill bags.
So my trade plan is too close some of my more recent longs just shy off 260 and then wait. My much longer term longs are tucked up in bed for winter.... dust them off around spring next year
Theres a chance we get stuck around 2.5 for a while simply because its a round number but I think it overshoots first.
Second add in at 245, just over....
Wow do undetstand but it looks like this is the last most expensive
Coffee beans are much less than 5% of Starbuck coffee price.
exactly
Looks like I was early, Looking to add again if it bounces hard off the 244.5 zone
open arms...
Looks normal to me…
250 - 260 is a serious level...
Lacks :)
Added a long 246.8....
The bull is standing in its last leg. Good trading to you all. Careful...
sry we always had them, missis kenan
Do you have several millions bags to throw into market or just cheering bears?
Conny my appologies i thought you are a woman. Just to explain. I am not bearish or bullish whole the time. But this trend is freaking us out,- mr short dude= whatever happens happens for a reason.
Feature broke on open. Maybe there will be no pull back then.... lets see....
what mean?
It means that we go over 245 today... and test the high at 246
That doesn't mean at all that KC can't sell off on Monday for instance, but what it means is that any event like Semeru's erruption may provide a sudden bullish catalyst that may cause a sudden spike without any hesitation. :)
Why to sell commodity in at least 2 years deficit?
Just wanted to underline that it's not an agitation to build a position at this level :).
Volcanic ash, when it goes realy high, in a real quantity and density, tends to stay there for quite some time and to change local weather patters in terms of sun lights, rains, temperatures, etc.
A bit more news: this weekend there was Semeru erruption that caused ash going 40000 ft high. Semeru is located in Eastern Java, where quite some arabica is growing. There was no specific news related to coffee, but as it was mentioned before, this climate cycle is ... far from being over and it is not friendly towards most agros and coffee also. Thus, a million tbags here, half a million bags here, etc - at some point (if it will materialize) the situation may get very critical. Indonesia volcanos are active and during solar minimum cycles they may surprise many.
a million bags there, half a million bags here
Some news to consider by bears. Coffee is in top 10 GS commodity trades for 2022. They have DEC 2022 calls. Cooxupe another time lowered export expectations for 2021 crop. Significantly. ICE and GCA stocks are below 5yrs average despite 2020 record crop and Brazil export volumes. Cecafe export volume is over 30% lower YoY in November.
crude stsrted to head down , coffee is no longern toncontinues it;s m it mind not floww immediately but i take as the first sign that this rally on it's final legs.
Cheaper oil means better coffee supply?
ICE Stocks +5k bags and pending -24k bags. Waiting COT
Feature is breaking out but time is up for the day
Feature is breaking out but time is up for the
Bulls remain in control in the long run, but bears don't die in the short run. claws will be seen along the way.
Bears are sharpenning their nails and warming up. :)
Notice how as the rally the daily delta deviations ate increasing. A log chart can help as the rally grows.
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