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Morning Coffee Commentary for Jan 9th

1/9/2013

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 ·ICE  Arabica coffee futures opened 155 points lower at  146.60, before recovering
slightly to 147.50 as of this writing.

 ·CONAB’s  first estimate of Brazil’s 2013-14 crop at 46.9 to  50.1 million bags.   On
December 20th, CONAB raised the 2012-13   estimate to 50.8 million bags from 50.5 million last September.

 ·The  LIFFE Robusta market for March delivery is up $15 at  $1,930.  Spec and industry
buying are supporting the market  today.

 ·The  US Dollar is firm against major currencies .  The Euro  traded down to 1.3052,
the low after data showed German industrial output  inching up 0.2 % on the
month.

 ·The  Brazilian real opened flat. Market participants remain  concerned with
government policies in the power sector.


 

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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
  • 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