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Robusta COT Report
Posted by Tango
on February 1, 2019, 4:46 pm
The market traded at the highs on the second day and on the lows on the last day but rebounding on the close. During this time the arbitrage traded at a high of 37.22, based on settlement, and on the same day that KC traded at a high of 107.15. The low of 32.88 traded on the last day of the period. Another way to look at it is that KC had a 5 cent range while RC had a 2.13 range. Small traders, swap dealers and commercials sold, mostly by liquidating, to managed money and large traders who covered shorts and bought new.
There isnít much to learn from Robusta as Arabica obviously leads.