Archive for November 2015

November 20, 2015 Coffee and Tea Market Report Highlights

Coffee Market As December’s First Notice Day arrived along with a lower Brazil crop estimate from the country’s largest exporter caused traders in an oversold market to embark on a short covering spree, sending the NY Arabica market to five-week highs. Nothing has changed fundamentally with the production outlook in Brazil, but Cooxupe’s 50-55mm bag […]

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November 13, 2015 Coffee and Tea Market Report Highlights

Coffee Market New life of contract lows have the NY ICE market in a tail spin as both origin selling and new funds shorts have continued to erode prices. Growing weather in Brazil continues to be good to excellent as our Commodities team is present in the region commenting that if weather holds the 60MM+ […]

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Interview with Steven Lim, Latte Art Champion

Steven Lim is a process engineer at S&D Coffee & Tea, a self-taught barista and now, the Coffee Fest PDX Latte Art World Championship Open winner. Here he shares some insight into his experience in Portland and what is was like to be named the champion in his eighth latte art competition. Tell us a […]

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November 6, 2015 Coffee and Tea Market Report Highlights

Coffee Market Currency and weather were the big market drivers behind the “C” market this week. Today’s $0.03 drop can be largely attributed to a surge by the dollar which in turn applied pressure on the real. The spike in the dollar was a result of a relatively unexpected robust October U.S. jobs report, which […]

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October 30, 2015 Coffee and Tea Market Report Highlights

Coffee Market A minor rally across the week didn’t find much follow on interest on Friday with no news to trade and little fund interest in extending their short position. The commitment of traders report showed funds -19k which would be considered neutral. Slightly higher prices drew in some origin selling which kept the action […]

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