Coffee Traders Forum
[ Post a Response | Coffee Traders Forum ]
Posted by Tango
on November 18, 2021, 11:32 am
The ZH traded up to 1.20 premium indicating a lack of availability possibly as a result of shipping issues. The Z OI is down to 7,611 lots. 5,061 EFP/EFS have been posted today so far extending to N. The outright market in H is just under 230.00 and continues to feel heavy for now. Yesterday’s strength seemed like a margin reaction and possibly delta short covering.USDBRL 5.5427 +0.0135 (+0.24%). HK traded at a premium and has receded from there. KN and NU are at a premium while UZ and ZH have become weak. KU CSO puts and NZ CSO puts are showing demand. In spite of the fundamentals, today the spec factor is showing itself.