Salvatore Grimaldi

Yes they are doing that, also brazil is using much robusta for domestic use instead arabica.

Just fir record; today ice stock +pending 1039k respect yesterday reduction of -18k. ( collect & failing)

cecafe december export updated to 3M

Today ice coffe reported a very high failure rate, but the news it is that somebody collect more than 5k bags.

2.86 correct final number

See cecafe report, that is what has been reported!!! No fake but go to cecafe website and you will see that.

December 2021 was 3.9M certified and shipments

Lab coffee... you mean chemical produced.... i hope to never see that

in reality it is not me that say that, if you read every report from different sources (usda, conab, rabo ecc) you can verify that. for your info instead there is no evidence up today

Ahhhh.... in realty the consumption if coffee is increasing year by year in last 20 years. and wich are the other drinks? thanks fir the useful info

Usually Cheers to new year!!!!

I can write the same also with 3 and 4 for more optimistics!!!:)

kc shall be around 2 usc realistically. Everthing lower is pure speculation!!! Easy:)

He was comparing to december 2021 that export was 3.9 M. Today certified is around 2.8 M. So more or less he is right if is not 1 M will be around 800k. And that is a fact, about stock hidden in brazil everthing is possible, a friend of mine saw a donkey flying!!!

Today we got the highest failing rate on ICE 10.8k failing on 14 k total bags (77% failing rate)

In reality USDA decrease their own estimate of june of around 2 M and increase consumption of around 1M.

So there is a start of short covering from not commercial, to be cecked if confirmed next week, there is a confirmation of coffee deficit in 2022 and some worries on future crop, there is a slow down of december export ( ti be checked at end of the month) and an increase of stocks( Ice &GCA).

ICE stock:+11k , failing 5 k

Cecafe exports up today: certification: -12%, shipment: -26%

Some update on coffee:COT Report non commercial start buy again: +5k long position

Ok

So explain why is not going further down considering all these information?

Mgom due to the fact that you are short, for you everthing is bearish.....

Ice +12k failing 6k

Cecafe export at 13/12. : certification -9%, shipment -24%