N.J. DOUEK
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september 27 ,2022.

9/27/2022

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Arabica coffee futures closed with little change Tuesday as participants took a break of the recent volatility. The most active contract for December delivery settled 55 points higher at 224.35 cents a pound while the Mar contract settled 20 points lower at 216.30. Volume reached 27,891 contracts including 4,306 switches. The nearby switch gained 65 points to end at 7.95 cents. A possible shortage of fresh coffee and the decline of the certs stocks reflect the strengthened of the structure. The forecast of rains added some pressure on the prices. The Colombian peso declined fell 0.6% to COP 4560, while the real recovered to BRL 5.3745 after better-than-expected inflation data. The certs decreased 10,612 bags to 449,775 bags. Pending grading: 640 bags. No grading today.  
 
Robusta extended the down trend coming close to the low from last week at 2171 and near the 50-day moving average today at 2173, which continues to point up serving as support. The November contract settled at $2180-24 with a 2177/2225 range. Volume turns down a notch as the macroeconomic perspective continues a risk off approach, given that the conflict of Russia/Ukraine threatens to escalate, and the dollar maintains the strength near previous day highs.
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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