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"C" Coffee Futures Fall by FC Stone

12/1/2015

 
Arabica  Coffee  futures  fell  on  Monday,  affected  by  speculative  selling  influenced  by  emerging  market  currency weakness, especially the Brazilian real. The most active contract for March delivery loss 395 points, settling at 119.65 cents  per  pound.  The  activity  developed  with  good  volume,  reaching  32,017  lots,  including  4,787  switches. Speculative selling and liquidation was reflected as an adjustment in a way, following the fall of commodity prices last week. In Brazil, the real weakened, affecting the markets, due to the corruption scandal of Petrobras, after the arrest of  prominent  figures  last  week.  In weather  news,  showers  continue  in  the  main coffee  growing  regions  in Brazil, which could benefit next year’s crop outlook. The COT report for November 24 show managed money covering a net of 8,417 shorts, while merchants liquidated a net of 7,554 longs. During November, prices oscillated within the range of 115.30 and 126.60, reaching new lows for the March delivery contract, and ending with month with a 460 points loss.

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