Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Tango, thank you for sharing.
I would like to make an observation regarding the maturity Dec / 18. That maturity lost 1,112 contracts at OI yesterday. Virtually all other maturities increased in OI as a result of the signing of contract K18.
My opinion is that the origins went in selling, taking advantage of the great devaluation of the Brazilian real (2% in the week) in the period from 09:00 to 10:00 h. Today I'm noticing the BMF / B3 a large number of sellers in Z17, trying to fix the arbitrage between the two exchanges. The U18 / Z18 spread reduced from 2.90 to 2.50 today.
What do the members of the CTF think about it? Is there another explanation?