Coffee Traders Forum
[ Post a Response | Coffee Traders Forum ]
Re: Who will replace Brazil?
All the spot coffees in consuming countries will be utilized. And they are already sold inasmuch there are short futures hedges applied to them. Price could well reach all time record highs if the flowering is not generous come September. Futures spreads invert just like in 1997.
Don't forget Brazil forward shorts are also at a record. A perfect storm.
No IBC stocks to the rescue!