EFICO - MARKET NEWS - DAILY MARKET NEWS

Date: 22.06.2020 Coffee Closing 19.06.2020

New York 18/06 19/06   High Low
JUL20 94.60 93.75 -0.85 95.30 93.45
SEP20 96.75 95.90 -0.85 97.55 95.60
DEC20 98.55 98.15 -0.70 99.60 97.80
MAR21 100.90 100.25 -0.65 101.65 99.90
MAY21 102.35 101.65 -0.70 103.05 101.30
JUL21 103.80 103.00 -0.80 104.40 102.70

Sales: 52,865 lots

London 18/06 19/06   High Low
JUL20 1134 1145 +11 1148 1125
SEP20 1164 1175 +11 1177 1153
NOV20 1184 1195 +11 1196 1173
JAN21 1206 1215 +9 1216 1194
MAR21 1227 1235 +8 1236 1214
MAY21 1248 1256 +8 1256 1235

Sales: 19,790 lots

DJ Ice Coffee Review

NEW YORK, June 19 - ICE coffee futures settled lower Friday pressured by last minute sales ahead of the first notice day. The active September contract settled 85 points lower at 96.90 cents a pound. Usual producers price fixing of contracts, ...
NEW YORK, June 19 - ICE coffee futures settled lower Friday pressured by last minute sales ahead of the first notice day. The active September contract settled 85 points lower at 96.90 cents a pound. Usual producers price fixing of contracts, that wait until the last moment, kept the July contract under weight, also pushing the switch that widened 25 points to -2.25 cents. Volume reached 52,865 lots, including 17,262 switches. The real was firm trading back to BRL 5.2875 during the session, however the currency lost near 6 % during the week. During the week, Arabica prices consolidated 10 points lower. Funds continued to add shorts as evidenced by the COT report data that showed the net short position added by 6,664 shorts for a net short position of 24,153 lots in the week to June 16. The open interest decreased 6,636 lots during the week due to closing of contracts ahead of the delivery period.

DJ Liffe Coffee Review

LONDON, June 19 - In London, the September Robusta coffee settled $11 higher at $1,175 a ton. The July – September structure traded inside a tight range between -28 to -30. In Vietnam, reports continue to circulate that supplies remain very ...
LONDON, June 19 - In London, the September Robusta coffee settled $11 higher at $1,175 a ton. The July – September structure traded inside a tight range between -28 to -30. In Vietnam, reports continue to circulate that supplies remain very tight, although sales are expected to surge as local prices improve.

Opening Quotations on: 22.06.2020

EUR / $
1.1195
£ / $
1.2373
CHF / $
0.9511
BRL / $
5.3105

Market News

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