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ICE US Coffee C Futures - Mar 25 (KCc4)

ICE
Currency in USD
Disclaimer
221.35
+2.05(+0.93%)
Delayed Data

US Coffee C Futures Discussions

I really thought FND was going to put more pressure.
Cup and handle in the making.
225.75 touched --> 232.
i've had 2 brokers already confirm the damage in vietnam was far less that what was speculated. Its going to be closer to the 3 to 4 million bag mark, not the 6. Harvest and crop is doing well in brazil, with a pretty good booster of econoline robusta this year. They stated slight resistance will come during the contract renewals happening but there is nothing suggesting any shortage of supply.
Alex, what your brokers say about final figure for Vietnam ? Reduction of 3-4mb in relation to what number ? If you don't mind to comment...
It's crucial, because everyone had its own number :) in mind.
Thats why, do for oneself, not for the rest. Yours might not be the mines.
It's funny, and it's silly
Cup and handle. Bullish.
5/15 min. did you see that? wooow!!
This moviment is crazy, I tought we would see that in the morning, because the n4 options expire today
Watch EUR/USD
“Patience pays” I think Friday into next week will have a lot of activity depending on this weeks COT report and the strength of the Brazilian Real. Dry weather will hold the price up until EOM and more fundamentals are presented or at the very least until more news around harvest acceleration or deceleration occurs
SMA crossing up.
222.49 and up?
I hope
Cepea confirms 40 percent of R is harvested. The truth about ES will be known by the end of June.
you think it will drop under 210?
Good buy. Your eyes were fine, 2 dollars better than mines.
Robert, I don't know. 204 - 212 is important segment to defend 200 level. For the bulls (me including) would be better to have it untouched :). It is not super significant but matters...
bulls are dead
They are dead from 2019. And then from 2023 :)...
still going down
US CPI in 4 hours and 10 minutes. If it comes in hot we could see upward pressure to break previous highs this month coupled with dry weather in Minas Gerais
Bullish AF
I may be focusing in the wrong lines.
its going to 190
Push push pushing, into the close. - Shaking the tree to get weak longs to slip.
there was a HCH in 5 min chart. The last peak mark the figure. Its already done/completed.
The computer got stuck and the bull run free for a while.
One month doesn't mean much, but it happened after weather issues have been admitted: Vietnam, the largest producer and exporter of Robusta coffee, exported 79,358 metric tons of the product in May, a drop of 47.8% compared to the previous month, according to the data.
From Revista: The coffee harvest in Brazil, in turn, is progressing as expected, 23% of the Arabica harvest is complete, in line with the average of the last five years. The conilon harvest is also progressing well, with 42% already harvested, compared to 41% of the historical average. Despite the progress, the size of the sieve has not shown significant improvements, which may indicate a possible reduction in production.
For Vietnam is shows that as soon as potential issues have been admitted in April, export slowed in pronounced manner. Lack of beans, hoarding, both - view it the way you like, but for R it is a supportive factor. For Brazil, the fact that sieve hasn't shown significant increase for A means that market will get more cautious as 23 percent of the harvest is not 10% :). For conilon 42% already harvested means that truth about ES production will be revealed very shortly: and if there is any drop :) at all and if there is - of what size :)...
I guess that shorts are the ones mentioned to be cautious.
What they are doing is taking to an end. They will close what they are taking now. Eyes on it now.
Contango is back just ahead of FND.
why is this falling so deep? any big news?
Manipulation - fundamentals are very strong. - Just shaking weak longs out of the trees, IMO.
I dont like that aut. machines Bots buying/selling.
They make investing to be boring and with no hope.
do they make profit?
They make us to fall from the tree. And I was happy collecting grains of coffe.
Price-following algorithms are merciless but also bottomlessly stupid. ;)
Everyone heard the rumors, now expecting more confirmations or opposite. And 240 remains important level - has been tested 8 times since 2021 :) (monthly basis).
Also, it is not that big of an indicator :) but: harvest is 30% done and progressing good (by Safras) but you don't hear comments about amazing crop. Actually, you never heard it since the beginning of the harvest. But very early spring there were quite some comments (mostly A related, but R as well) that it's gonna be very good one :). It seems that triangle is building on weekly, to be completed and resolved (up or down) from end of June to mid of July. At that time the scale of the drop will be considered for sure: if it's big or not so :)...
New system, buy on Monday (Sunday), sell on Friday, at least for a few weeks.
...
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