Coffee Buyer Report

May insights...

Coffee Buyer Report - Week Ending May 23rd Over the last month the market continued seeing higher price levels (ranging between $1.84 and $2.15, in contrast to April’s range of $1.70 and $2.05), with radical shifts from one week to another. We continue to see dramatic shifts from one week to another, as you can note above. The primary driver…

Updated buyer perspective!

Coffee Buyer Report - Week Ending March 14th The March 2014 contract is no longer tradable, so we’ll now be referencing the May 2014 contract period. Last month the closing low of $1.3990 occurred on February 14. Since then the market has attained a high of $2.10 (last Thursday, March 13) and is now trading in the mid-to-upper $1.90s.

Market Insights

Week Ending May 24th How the market has changed! When I wrote the last report two weeks ago the market was trading in the upper $1.40’s. The primary driver of that upward climb from the previous weeks was related to short covering. Once the momentum of this coverage subsided, the market moved briefly downward to the low...