Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Some of what I have heard....
African diffs continue to keep rising. Ghana is through the proverbial "roof". Ivory Coast trading +100 CIF. Remember, Ivories are deliverable in London( flat the board +/- discounts / premiums for quality).
Also chatter that there are 1 or possibly 2 trade-houses that are having issues-- poor quality coupled with slowing arrivals (leading some to believe a smaller crop is possible).
At this point, it seems that momentum is now taking over. Extremely powerful move over the last 3 months, particularly the last 13 trading days.