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February 25th, 2016

2/25/2016

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Arabica coffee futures contracts closed 55 points higher on Tuesday at 134.70 for the September contract. Total volume reached 36,748 lots, with 11,546 switches. Open interest in the December contract reached 89,302 lots, while the September contract only held 25,605 lots. This shows the recurring rolling over, since first notice day is just around the corner on August 21 st . The September contract reached a high of 136.35 in the morning, and kept a down trend throughout most of the session. Towards the last two hours of the trading day, the market reversed,  closing  with  a  0.55  cent  gain.  Most  of  today’s  action  was  technical  and  driven  mostly  by  the anticipation  of  first  notice  day  with  closing  positions,  however  news  of  a  strengthening  El  Niño,  and uncertainties  of  Brazil’s  crop  keeps  the  market  at  bay.  The  Brazilian  real  closed  at  BRL  3.4648,  down  150 points.  The Colombian peso devalued slightly ending at COP 3,003.70. 
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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
    • 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