Coffee Market The C market saw a tumultuous, holiday shortened, week unfold. In the end, prices settled almost exactly unchanged week to week but saw sharp declines yesterday followed a sharp rally today. Fresh fourteen year lows were seen as reluctant producer selling was forced into the market ahead of first notice day for the […]
Coffee Market No change to the story for the C market this week as the decline accelerated. Prices hit a fresh fourteen-year low, dropping a little over 3% week to week. The lack of any real news is probably helping the decline, as there is little reason for anyone to second-guess the trend. Larger specs […]
Coffee Market Despite some midweek signs of hope, the C market once again progressed slowly lower this week. Prices touched a fourteen-year low early in the week on continued spec and fund selling. The following session saw prices jump sharply (by recent standards) as shorts covered some volume when a new low was not seen. […]
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Coffee Market The C market closed little changed week to week, which by recent standards constitutes a strong performance. Earlier in the week, the market touched fresh thirteen-year lows and it continues to wallow due to oversupply. The low prices continue to hurt for many and the chorus to do something about them continues to […]