N.J. DOUEK
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december 14, 2022.

12/14/2022

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Arabica coffee had a volatile day on a small range and low volume. NY market tested both sides of the range sporadically eroding origin sales, also waiving out some late players on the move up while forcing some short covering. Weather in brasil continues to bring moderated to heavy rains between this Monday and Tuesday, episodes of moderate intensity rain are forecast, which could be accompanied by wind and hail, which can damage crops, after that the instabilities tend to advance towards the northern half of Brazil. The most active contract Mar23 settle 25 points higher at 168.15 cents a pound. The volume reached 21,586 contracts including 5,679 switches. Arabica cert stocks increased by 14,995 bags to 732,641 bags. Pending decrease 12,679 bags to 333,437. Grading today: 18,660 bags. Passed 14,995, Failed 3,665.  
 
Robusta MAR23 contract settled at $1877 +5 with a 1885/1864 range. Inside day with little activity on flat price. Volume was 30% lower than Tuesday. JAN/MAR continues to trade firmer with a 23/38 range settling on the highs at +38. 9.9k lots of JAN/MAR CSO calls is open at the +40 strike so it’s hard to see how we soften from here, coupled with all the origin selling being placed vs MAR23. ZERO options traded on Robusta today.
 
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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
  • Accueil
  • Useful Info
  • 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