Skip to main content
Coffee Report

CTC | Coffee Market Report

By March 27, 2017April 26th, 2017No Comments
  • Relatively good support and sustained volumes on ICE Arabica Coffee Future. May delivery closed at 139,20 USc/lb, thereby gaining 160 points.

  • ICE Robusta Coffee Future attracted reasonable turnover, the May/July switch trading 2500 lots and unfolding in volatile fashion throughout the session.

  • USD in decline amid uncertainty over US government’s ability to implement new Tax Reform and other major programs after recent setbacks in Congress.

  • Overall data still suggests that global coffee production is less than demand, as now both Brazil and Indonesia are out of Robusta for the export market.

  • Global coffee exports rose a marginal 0,1% in February from a year ealier to 9,71 million 60 kgs bags according to ICO figures. Brazil 2017/18 crop estimated at 49,2 million 60 kgs bags.

  • Fresh roaster demand in Europe and the US has not been strong lately, major players buying futures to fix against differentials from purchases made previously.

[emaillocker id=”2858″]
Table 1 - ICE Arabica Futures - 27 MAR - Source: Bloomberg

Table 1 – ICE Arabica Futures – 27 MAR – Source: Bloomberg

Table 1 - ICE Robusta Futures - 27 MAR - Source: Bloomberg

Table 1 – ICE Robusta Futures – 27 MAR – Source: Bloomberg

Coffee Table - Various Prices - Source Bloomberg & ICE

Coffee Table – Various Prices – Source Bloomberg & ICE

[/emaillocker]

Commodities Trading Corporation is a private advisory company specialized in commodity risk-management and hedging. We service a growing need in the natural resources sector for unbiased and strong expertise and provide our services to an array of corporate clients and financial institutions. We are experts in derivatives and monetizing volatility and develop corporate strategies for hedging energy portfolios, using bespoke derivatives solutions for price risk mitigation.

For more information about what we do, how we can optimize your hedges and directly improve your bottom line, contact us at contact@comtradingcorp.com.

CTC Marketing Commentary Disclaimer – This marketing communication has been prepared by CTC traders and sales personnel. The information contained within this marketing communication is general market commentary providing only the views an opinions of CTC traders and sales team. The views and opinions expressed herein may be changed at any time without notice. This material provides only a limited view of the market and does not constitute investment advice and or investment research. It has not been prepared with the legal requirements to promote the independence of investment research. It is also not subject to any prohibition on dealing ahead of the dissemination of any investment research. The information provided does not constitute an inducement, invitation or offer to engage in any investment activity. CTC neither makes nor gives any representation or warranty, express or implied as to the accuracy or completeness of the information and opinions contained and no responsibility or liability is accepted by CTC for the same and CTC shall not be liable for any direct, indirect or consequential loss or damage suffered or incurred by any person upon reliance of any statement or opinion or other such information. This communication is directed at CTC‘s professional customers and not intended for retail or private customers.