Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
In spite of the 3 day sessions of RC of this COT period, the activity by all sectors is clearly defined. The market opened at the highs, remained under pressure the entire period, made the low on the last day and recovered. The remainder of the week RC remained firm even during KC weakness. The sellers were bought swap dealers who liquidated and commercials who sold shorts. Again, we have the challenge of choosing whether the commercial new selling is the sell side of spreads or not. Spreads and related CSOs have been active. The buyers during this time were managed money, and large and small traders.