8th. April, 2013
The latest Commitment of Traders report from the New York fine washed arabica coffee market has seen the shorter term Managed Money Fund sector of the market reduce their net short sold position within this market by 7.35% in the week of trade leading up to Tuesday 2nd. April, when this short sold position was registered at 24,164 Lots. Over the same period the longer term in nature Index Fund sector of this market reduced their net long position within the market by 0.08% to register a net long position of 54,687 Lots, on the day.
During this week of trade the Non Commercial Speculative sector of the New York market is seen to have reduced their net short sold position within the market by 7.19%, to register a net short sold position of 36,188 Lots. This net short sold position which is the equivalent of a substantial 10,259,138 bags is likely to have been further reduced in line with the overall positive nature of trade that this market encountered for the latter half of last week and likewise, the Managed Money Funds can be expected to have reduced their short position within the market.