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Re: Chart COT of 02/08/2020 - Producers X Users Speculators
The question is whether speculators will continue to sell in this scenario of shortages of coffee in the physical market? here in Brazil we won't have an abundance of coffee until June, only the new crop will bring coffee to the market. And in the 2021 harvest due to the negative bienniality of Brazil, we will have a major deficit of coffee in the world. I am a coffee buyer right now, the market near 1 dollar is a gift for anyone who wants to make money. Just buy and have a little patience.