EFICO - MARKET NEWS - DAILY MARKET NEWS

Date: 25.09.2017 Coffee Closing 22.09.2017

New York 21/09 22/09   High Low
DEC 17 135.00 134.45 -0.55 136.20 134.05
MAR 18 138.55 138.10 -0.45 139.75 137.70
MAY 18 140.90 140.45 -0.45 142.10 140.05
JUL 18 143.15 142.70 -0.45 144.35 142.35
SEP 18 145.35 144.90 -0.45 146.50 144.65
DEC 18 148.65 148.20 -0.45 149.50 148.05

Sales: 33,466 lots

London 21/09 22/09   High Low
SEP 17 2035 2028 -7 2028 2028
NOV 17 2012 2005 -7 2031 2000
JAN 18 1988 1979 -9 2000 1978
MAR 18 1980 1970 -10 1990 1969
MAY 18 1990 1980 -10 1999 1980
JUL 18 2017 2008 -9 2027 2008

Sales: 5,737 lots

DJ Ice Coffee Review

NEW YORK, September 22 - Arabica Coffee Futures settled lower on Friday, with the active contract for December delivery losing 0.55 cents, settling at 134.45 cents per pound. Volume decreased, as many participants were out on religious holidays, ...
NEW YORK, September 22 - Arabica Coffee Futures settled lower on Friday, with the active contract for December delivery losing 0.55 cents, settling at 134.45 cents per pound. Volume decreased, as many participants were out on religious holidays, trading 33,440 lots. During the week, prices made a new high near the 200-day moving average, yet settled lower by nearly 7 cents. Weather uncertainty in Brazil’s coffee areas brought volatility to the market. Forecasted rains for the end of the month alleviated the dryness that prompted the recent buying. In addition, the US Fed’s decision to maintain interest rates unchanged and hawkish comments regarding monetary policy brought volatility to commodity and currency markets. In related news, CONAB decreased their output estimate for the Brazil 2017/18 coffee crop by 13% to 44.8 million bags.

DJ Liffe Coffee Review

LONDON, September 22 - Turnover in London was the lowest for the week as values oscillated around short term moving averages. Support emerged at the $2000 option strike as a temporary breach through yesterday’s lows failed to attract a fresh wave ...
LONDON, September 22 - Turnover in London was the lowest for the week as values oscillated around short term moving averages. Support emerged at the $2000 option strike as a temporary breach through yesterday’s lows failed to attract a fresh wave of selling into the market. Commercial flow proves hard to come by at current levels with origin reluctant to track the move lower, whilst good levels of industry cover remain in place for now. The nearby structure consolidated amid low volumes following a volatile week in which values have traded a $24 range. The September delivery month goes into the final week of trading with around 1000 lots remaining open, with 155 lots tendered through the session.

Opening Quotations on: 25.09.2017

EUR / $
1.1911
£ / $
1.3542
CHF / $
0.9712
BRL / $
3.1236

Market News

COFFEE IS THE BEST THING TO DOUSE THE SUNRISE WITH ~ DREW SIRTORS