N.J. Douek - Uniglobe Coffee
  • Home
  • Our Coffees
    • Montreal 'Spot' Offerings
    • New York 'Spot' Offerings
  • Our History
  • About N J Douek
    • About Uniglobe Coffee
    • Some of our services
    • Meet some of our team
    • Our Cupping Room/Offices
  • Coffee Commentaries
  • Price charts
  • Contact Us
  • Accueil
  • Useful Info
  • Notre histoire
  • Nos cafés
    • Nos cafés à Montréal
    • Nos cafés à New York
  • À propos de N J Douek
    • Certains de nos Services
    • Rencontrez notre equipe
  • Notre labo
  • Nouvelles
  • Nous contacter
  • Informations Utiles
  • Chartes de prix

Morgan Stanley Coffee Report - Dec 2, 2020

12/2/2020

0 Comments

 
Arabica posted a more active outright trading session than yesterday’s, even as it battled to a modest 65 point gain (119.10) inside a 235 point range.  Futures volatility was subdued during the overseas session, and traditional pit hours brought renewed selling – pressuring option volatility with it.  Action was choppy and while a clear sell-side weight was present for much of the day, hitting a 117.20 low around 10:30 under spec pressure, a steady rise across commodities as well as value seekers among coffee endemics helped put in a floor and ultimately ran prices to intraday highs as jobbers were forced to cover.  Structure made a partial daily recovery, HK gaining 15 points to -1.80 and HH 30 to -7.95, aiding sentiment.  Wetter weather is expected in Brazil, yet this has often been true and needs to be realized.  London fell $40 to 1343 after triggering stops around 8am EST.  Structure was again at the forefront, undoing recent strength in FH which fell a dramatic $16 to -21.  Appropriately given that the spot spread was the most notable coffee mover on the day, the FH -25 P CSO was the top strike across both markets trading 1700x at $6.
0 Comments



Leave a Reply.

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016

    Categories

    All

    RSS Feed

Website: www.njdouek.com E-MAIL: info@njdouek.com
TEL: 514-845-9173 FREE:1-877-745-9173 FAX:514-845-8110 
  • Home
  • Our Coffees
    • Montreal 'Spot' Offerings
    • New York 'Spot' Offerings
  • Our History
  • About N J Douek
    • About Uniglobe Coffee
    • Some of our services
    • Meet some of our team
    • Our Cupping Room/Offices
  • Coffee Commentaries
  • Price charts
  • Contact Us
  • Accueil
  • Useful Info
  • Notre histoire
  • Nos cafés
    • Nos cafés à Montréal
    • Nos cafés à New York
  • À propos de N J Douek
    • Certains de nos Services
    • Rencontrez notre equipe
  • Notre labo
  • Nouvelles
  • Nous contacter
  • Informations Utiles
  • Chartes de prix