Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
The increase to the OI can be attributed at least in part to the JulSep which traded yesterday up to -2.20. It is likely higher as well due to systems selling and probably a combination of commercial and other spec new buying as well as put hedging for June which expires today. The market was on the weaker side earlier but it may prove to be an opportunity. The $ is weak but USDBRL is 3.5534 +.0038. Very quiet expiration.