N.J. Douek - Uniglobe Coffee
  • Home
  • Our Coffees
    • Montreal 'Spot' Offerings
    • New York 'Spot' Offerings
    • 'Shipment' Coffees / Differentials
  • 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
  • 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

1/25/2017

0 Comments

 
KC posted an outside day low, only the fourth negative performance since the calendar turned.  A midsession high of 156.95 was the peak (thus far) for the young year, yet the lack of meaningful extension through the KCH 50% retracement from the low was noted by several traders as a reason for lack of enthusiasm.  With Robusta stumbling on the back of a hefty fund positioning and in front of this week’s commencement of Tet, Arabica found itself lacking fresh buyers.  As recent conversation with respect to upside in KC seem to focus in many cases on the Robusta balance sheet, perhaps the 2nd consecutive lower session was an affirmative sell side indicator for some New York traders.  With technical congestion, a fairly stable currency environment, and what many consider to be a fair price range in KC, one would expect buyers to emerge on relatively shallow dips, yet a considerable breakout to the upside could require fresh news or a motivated spec.  Should London continue to abdicate some of its recent gains, one wonders if KC will track it lower, or if the two markets can separate in what many would consider a fundamentally illogical way for the short term.
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
    • 'Shipment' Coffees / Differentials
  • 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
  • À propos de N J Douek
    • Certains de nos Services
    • Rencontrez notre equipe
  • Notre labo
  • Nouvelles
  • Nous contacter
  • Informations Utiles
  • Chartes de prix