Arabica neatly paralleled the BRL for the entirety of the active trading day, tracking eclipsing Tuesday’s high and settling 105.30 +190 with a final print a tick off the high of 106.10. MOC buying finally broke FX correlation, sending KC prices higher while reversing course. As have been the case since the change in settlement time, the final hour of NY trading was spent in a fairly narrow band. Intraday GFS models reinforcing dry outlooks helped place a floor into dips, and drove fresh buying in the quiet period. Robusta settled +25 at 1548 as volume continues to lack. Options were again active, with the K 1700 C leading the pack 1275x
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