Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
The market opened at the lows and rallied only to make new lows on the last day, all in a narrow range. The selling, like kc, was done by commercials as specs bought. Commercials continue to increase their net short position in a market that is more fundamentally driven and suggesting a tighter physical situation and in a market where spreads are continuously at a premium. Today, RC is keeping up with KC strength.