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US Coffee C Futures - Jul 24 (KCN4)

Real-time capital.com
Currency in USD
Disclaimer
229.25
+2.40(+1.06%)
Closed

US Coffee C Futures Discussions

I told you looo
wow :D
No etf anymore for coffee?
Temps continue to impress :) ... Nobody knows, but some origins like Mexico may suffer....
Show has just started, fişten your Belt, Starship is ready for Mars. Lets sing our song: Fly baby fly
Water, tea, coffee and then beer.
Water is expensive than coffee
Beer too :)
Well, it repeated roughly 40 points move in the same manner as it was (started in April 2021) in April/May 2021 (after stoch found support at the same, not typical for weekly, level). In 2021 it took 9 weeks to accomplish, while now we're in a week 4. In May 2021 it corrected after the move for about 20 points and then there was frost, etc. The difference between May 2021 and now is that back then stoch on weekly was in the overbought section, while now it is not. Or not yet :) as the week is not done yet, we'll see tomorrow. May not mean much, but all this happens on great Brazilian export and absence of disaster news (not considering the rumors that some beans are on the ground after the rains in SDM).
Unlike in 2021 current move is vertical what implies or should imply :) kinda panic or some sort of it, at least short term and to some degree. R also made a new high and this is assuming real big brazilian crop expected by many analysts :). What do we miss ? :) :) :) Friday may be a real funny day ! :)
So what do you think the max price will be
It looks like cocoa guys have moved to coffe. Based on your info there is ni reason for such vertical movement.
This makes no sense!
Why?
When is the right time to short ?
I don't know. But myself... I am selling. I think this is it.
I hope so to
Strong coffee PA despite DXY. Feels bullish.
Exports Brazil 03/24 4.3 mi bags, +18% m/m and +38% y/y, really no coffe in Brazil
Why is market up? Will repeat 97?
It will tepeat 1997? May was 2.63
Bruno, tight Robusta offer is pulling Arabica. First time in history, robust surpasses 1000 reais, new record this week.
World coffee consumption recorded a decrease of 2.0% to 173.1 million bags in the year 2022/23. Said the ICO, “Consumption in coffee year 2022/23 did not faithfully follow the established pattern due to the impact of the high cost of living, falling disposable incomes and a long stocks drawdown.”
220 till friday, O.I options are big and runs off friday
Position correction: 200 or 192
touch of 194 shall be enough
Hello, coffee just recently caught my attention. It's just 10% higher than usual. What can be expected in the following week?
h t t p s: // encurtador. com. br / w D S 7 9
Send $1,000,000 and I will provide the answer.
🤣
There were some funny recent news: import from Brazil to Indonesia and Vietnam are really growing as domestic consumption in those countries is really growing. Neumann Kaffee Gruppe is betting on that fact and opens ... import :) :) :) office in Indonesia as Neumann expects the domestic demand to become higher than Indonesia's crop will be able to cover. (Indonesia yield is traditionally low in relation to those in Brazil and Vietnam, Indonesia's main focus is on Robusta currently...)
High temps were/are almost everywhere...
Some w-guys promise :) that developing (and fast) La Nina is gonna be strong and transition is gonna happen faster than usually (nobody knows until happened). Found a funny map showing how it affects Brazil: while Triangulo looks good, SDM in theory :) may get colder and drier weather. Last drought of 2020 happened during La Nina...
Very good posts Viriato!! So outstanding to see someone writing serious!
Do you guys think we're going to have a black Monday like in 1997
The answer is: of course.
You mean 1987.
Yes
After a long time, Bulls are back in control
Fly baby fly
seems ready for another 15 next week..
Because demand is and never was an issue.
Roasters here, where are they now (changing Robusta for Arabica:)? Only for specialty coffees from the years 21 to 30 there will be an increase from R$53 billion to R$150 billion.
According to Brainy Insights, which sees an increase in domestic consumption, everything Viriato has been talking about for a long time here.
Bull run as coccoa did
maybe local turn around like 10usd
Im agree, now the market its overbougth
Today was impressive day. Maks would be satisfied :) :) :).
4 times of A low of 2020 would be roughly 360, 4 times of 2019 low - roughly 340...
Thousands of temp records are broken in more than 50 countries in every continent (besides Antarctica :) may be)... And it keeps going... La Nina is expected in August/Sept...
Referring to Rodrigo's comment on historical R price in ES: R made its low around 2300 (at good support level:)) in Oct 2023 - post harvest ! , after what and until now it didn't look back on monthly...
"Conilon coffee in ES surpasses R$1,000 per bag for the first time in history"
ok it started.. the cacao fanbois are here... I posted about this a week ago.. but I think cacao fanbois will be exit liquidity... 220 then back to earth
Why so rude?
I said it's difficult for me to see it above 220... nothing structural is wrong with Arabica. could they drive it above 220? possibly. but it is a much bigger market than cacao or orange juice.. I see market range bound 170 to 220 until after US elections (mid 2025)... so when I said back to earth, meant back to 170 180..
ce te fute pe tine grija domnule..
Effect of report Hedge Point yestarday.
"The European Coffee Federation's recent report highlights a notable drop in coffee stocks to 6.70M scs, a substantial reduction of 4.65M scs from the previous year."
What Hedge Point report stated ?
May not mean much, but on weekly stoch found support at the level where it has found support in april 2021 - support at this level is not typical for stoch on weekly. In 2021 after finding support at his level (for stoch), the price advanced for 140 points: from 120 to 260 on frost, but initial move was roughly 40 points (120 - 160). 40 points from 180 would mark 220. We'll see if it'ls gonna happen this time :) and if Sam is gonna be right this time. :)
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