Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Chatting with Judy yesterday it seems that ICO total exports rose to the highs again. This despite the low Brazil. Maybe we here at CTF are focusing too much on Brazil ignoring total supplies. This has gone unheeded, yet I am still amazed that differentials have not risen, demand has not picked up. It seems that there is still ample supply and this could potentially set the market up for a sharp pullback.
There is no tightness just yet, so anything we do here is anticipating it.