AlanFord
fecondatore a richiesta
Vi lascio Qualche dato sui fondamentali, buonanotte
Also today ICE coffee certified stocks plunged (-12.263 bags). The pace of reduction for ICE coffee certified stocks during the last 6 weeks has been impressive. A big sh
certified coffee stocks constantly increased). It is interesting to see what happens post FND. The meteo (factor impacting on futures production) is slowly improving in Brazil coffee belt, but the current supply is clearly tightening (ICE coffee stocks are showing this fact). If the ICE certified stocks continue to plunge, the bull action seems to have strong legs to run.
You have to focus on 1)direction and 2)magnitude of stocks change. 1)Last year at this period ICE certified stocks constantly increased; now they are decreasing. 2)The magnitude of reduction is at the moment impressive. Only in tha last two days ICE certified stocks has reduced about 30.000 bags (it is not a normal pace of reduction; this fact tell us that the structure of fundamentals is changing nature compared to last year).
Also today ICE coffee certified stocks plunged (-12.263 bags). The pace of reduction for ICE coffee certified stocks during the last 6 weeks has been impressive. A big sh
certified coffee stocks constantly increased). It is interesting to see what happens post FND. The meteo (factor impacting on futures production) is slowly improving in Brazil coffee belt, but the current supply is clearly tightening (ICE coffee stocks are showing this fact). If the ICE certified stocks continue to plunge, the bull action seems to have strong legs to run.
You have to focus on 1)direction and 2)magnitude of stocks change. 1)Last year at this period ICE certified stocks constantly increased; now they are decreasing. 2)The magnitude of reduction is at the moment impressive. Only in tha last two days ICE certified stocks has reduced about 30.000 bags (it is not a normal pace of reduction; this fact tell us that the structure of fundamentals is changing nature compared to last year).