N.J. DOUEK
  • 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

january 3, 2022.

1/3/2023

0 Comments

 
Arabica coffee futures started the year under pressure. NY market absorb a good part of today’s volume at the 20-day moving average area of 166.45. The Brazilian real and the Dollar weighted on Arabica in the early hours tracing the low for the day at 164.65 Mar23 contract. The market awaits fresh fundamental news, but support is fueled by La Nina weather event on mayor producing areas and the demand gradually increasing as China intents to manage covid infections under updated restrictions. The most active contract Mar23 settle 120 points lower at 166.10 cents a pound. Volume was moderate with 39,442 lots traded including 10,597 switches. German inflation at the consumer level was 9.6% year-on-year in December, coming in below analyst expectations of 10.7% and the second month in a row for a decline in the inflation rate That could leave the Federal Reserve as the more hawkish central bank, raising risks for a stronger dollar and weaker U.S. economy, in the eyes of Wall Street traders. Arabica certs stocks decreased by 18 bags to 814,668 bags. Pending grading: 242,768. No grading today.
0 Comments



Leave a Reply.

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