Thank you Tango, yes exporters are short at Origins, they need the physicals, and about Funds although is rather possible they are not net short; I believe they do have exited good portion of their longs.
Thank you Antifreeze and yes, the situation with not a vaccine at the horizon and the new restriction measures to contain the virus are bad for the coffee market, however I am not as bearish as you. Most of this stuff is already discounted. Also the big economies will have to deal with somewhat higher inflation and the coffee buying season, for the industry, has already started.
« Back to index