Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Hi Chris. We look at certified stocks in conjunction with all other stock information that we have. By themselves stocks may indicate spread direction on ICE. They don’t play a part in projecting prices in futures unless there is a global glut or shortage in physical. It is also interesting to observe activity of all the various origins. This year Honduras filled the warehouses to become the biggest holder of certified. It is also the most prominent issuer during notice period. As of late, Guatemala is active in in increasing stocks.