Coffee Traders' Forum - A Discussion about Coffee Futures Trading

Coffee Traders Discussion Forum

Coffee Traders' Forum

OI/Market *PIC*

The change to the OI continues to be relatively small to volume. The story may be in March where a big drop took place. There was EFP activity and possibly some rolling into May but likely all sectors were involved yesterday. Today, we had a market under pressure that visited yesterday’s lows generally but since then it has found its footing and seems more confident. There is good selling from 129.00 and higher however. USDBRL is 3.2270 -.0099. Key markets continue to steady. All softs have firmed since the last report.