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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

Rains this week ...
+190 coming geht ready
I even see 260! We are having the worst frost and drought in 100 years!
Big sellers will join the club, so not a chance
if go down the targets are- tp1 - 157; tp2 - 154.40; tp3 - 150;
Maybe 145
CECAFE still at crazy pace. If the pace is maintained, total exports will reach more than 4mln and Arabica definitely more than 3mln.
before dumping to 140.. kc rallied from 190 to 230.. before dumping to 140 again.. kc rallied from 170 to 200.. same now.. before dumping below 120.. kc rallied from 140 to 165 or so..
Look close to the graphics and numbers of Cecafe is easy to take a wrong path... let's do be that naive!!!
adding shorts above 165... see you next week..
i am very curious if you will be right this time
green freaky friday
brace yourself short sellers, spread negative and low ice coffee stocks
Sold that spike still lookin golden rule lol
today up movement ?? any experts please ....
i am not expert but i watch coffee few years already and when it start go up like this itst unstopable you should hedge it after 5 dolars movement against you
Brazil's 2024 harvest will have a lower number than the 2020 harvest, as many areas of frost in 21 nap were recovered today, including soybeans and sugar cane, many areas were cut down for recovery. I believe we will not have record numbers. October exports will be excellent due to the delivery of 2022 locks that have been extended.
The USDA's projections were so astronomical that we are going to combine the Brazilian and Colombian harvest to reach 66m bags
but wouldn't there be a shortage of coffee for Brazilian exports since January 2022? With the total volume exported from January 2022 to October 2023, can we consider which prediction was wrong? Is there a lack of coffee in the world? It is worth remembering that markets ranged from 260 in February 2022 to 145 in October 2023.
where will breake , any ideay..
Nope, I expect a pullback before 162
Sure :-)
today is the day... decision...
Till now 2 things may be stated :): 1) rains at 160 level do not produce the same effect as at 220 level :); 2) to stay intact with USDA export projection, monthly average A export should be around 3mb - currently not the case.
But by ICO current MY should add another 3mb to consumption. Brazil may produce record R crop in 2024 but Vietnam and Indonesia may balance it easy if El Niño will be not be kind to them :). Thus, on the paper :), currently, bumper crop is not building up :)...
In the absence of serious factors, confirming bumper crop (BRL), trade talks about lower demand seem to be obvious: why would brokers/importers rump up purchasing price themselves ? :) Would be nonsense, no ? :)
Closed the balance (1/2).
Why rise so much?
El nino? Amazon is drying up.
Rio Negro reaches lowest level in history, biggest drought in 121 years. Even though it's far away, can't news like this generate fear?
Cecafe at crazy pace.
were just range trading for now.. its ready for the plunge.. most serious bears are well into the money.. let gravity do the work.. and let others cheer the 2 percent moves
Its about 10% already from the lows.
it is all about guesses my dear friends
sell with SL 159 target 150
ITS START SELL TIME
HS in the making.
CECAFÉ at an excellent pace.
ICE too 😉
a long, long time
ICE is a bit like rearview mirror.
Current coffee inventories are tight and supportive for prices as ICE-monitored arabica coffee inventories Tuesday dropped to an 11-1/4 month low of 432,022 bags.
Backwardation again.
Demand or something else or complex :), but Barchart states that Sept A export (CECAFE) was lowest in ... 6 years for the month of August.
Informative Fundacao Pro Cafe podcast #101 at YouTube, covering Sept re temp and water.
Coffee bulls will emerge sooner rather than later
The bulls have shown themselves over the last few days. I'm not sure they have the strength for more.
Nope, they are definitely cooking, you aint seen nothing yet
I observe more then 15 instruments, each on 4 different frames. Sometimes miss individual movements on some of the frames.
I expected down movement, first tp is around 150 !!!
El Nino probability confirmed at 73%
Brazil will return from the holiday next week and may start to find prices attractive
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