Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Systems selling came in as expected but the depth of market has become crowded on the downside. Buyers outbid sellers favored 5:1 a penny either way. Early TAS offere, 405 lots in March. Very likely it’s prearranged with index buying which has had no impact on the market. 2,903 lots traded yesterday. 320 lot bid in Jul at 125.00 =120.25 in Mar based on current spread. For now the market looks well supported right above Nagual’s support of 121.90.