N.J. DOUEK
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Morgan Stanley coffee report - May 19

5/20/2020

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Arabica settled down .70 points at 108.40 in a rather lifeless session.  Early trade saw steady but feeble gains off the opening while also creating a .30 point open gap, basis KCc2 with KCK20 being off the board.  The GAP had a limited lifespan and was filled shortly after the BRL opened and fell to the lows of the day along with KC.  A brief correction was made as the FX made a positive recovery but at the end of the day it was close to a wash.  Spreads continued to weaken with KC N/U losing another -.10 points and N/N another -.15. To put things in perspective we have been trading in a 4.20 range for the past 5 days and paltry 9.35 the past 15+.  Robusta proved to be the more exciting of the two or a least volume wise and the complete opposite of yesterday, settling  +$2 at 1196.
Certs increased by 2477 (1,793,953) with pendings down to 1250.

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Website: www.njdouek.com E-mail: info@njdouek.com
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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