Coffee Fundamental Analysis

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading Thursday morning (01/12) ended weak. The weakening of arabica coffee prices again depressed the strengthening of the US dollar. 

Increased Data Adp Employment Change November helped the US dollar rose half a percent against a basket of major currencies after last week touched its highest level for nearly 14 years. The increase in the US dollar makes commodities traded in the currency is becoming relatively more expensive for foreign buyers that follow eroded demand weakened.

Arabica coffee futures prices for the most-active contract closed down at 1.5060 dollars, down by 1.60 percent. Analyst estimates that Arabica coffee futures on ICE Futures US in New York at the next trade will weaken with the potential strengthening of the US dollar.

The price of Arabica coffee futures on ICE Futures US in New York the potential to test the level of support in the position of 1.4700 dollars and 1.4400 dollars. While the level of resistance that will be encountered if price declien is between 1.5300 dollars and 1.5600 dollars.

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ICE arabica coffee prices fell in late trading Friday morning (12/02), triggered an increase in coffee exports. Recent data from the International Coffee Organization (ICO) showed that in the twelve months ended October 2016, exports of Arabica reached 71.93 million bags compared to 69.21 million bags last year.

Arabica coffee futures prices at the close of trading early this morning weakened. Arabica coffee futures prices in March 2017 dropped by 5.70 dollars, equivalent to 3.78 percent and closed at 1.4490 dollars per pound. Tonight will be released the data the US Non Farm Payrolls November indicated increases and Unemployment Rate for November. If these results are realized, it will strengthen the US dollar.

Analyst estimates that the price of arabica coffee futures for subsequent trade potentially weak with the potential strengthening of the US dollar. It has the potential to test support level between 1.4200 dollars and 1.3900 dollars. While the level of resistance that will be encountered if there was a strengthening there is between 1.4800 dollars and 1.5100 dollars.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading the weekend early Saturday (12.05) finished up. Arabica coffee price increases supported the weakening of the US Dollar.

The dollar index, which measures the greenback against a basket of major currencies, was down 0.13 percent. The US dollar fell on Friday after posting solid gains last three weeks, is expected as a short-term correction, with reports of US non-farm payrolls stirred doubts as to whether the interest rate increases next year.

The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. Arabica coffee futures prices for the most-active contract closed up in March 2017 at 1.4580 dollars, up 0.90 cents, equivalent to 0.62 per cent.

A weekly basis ICE arabica coffee prices plummeted by around 6.18 percent, largely eroded sentiment is bearish as the strengthening of the US dollar, the increase in surplus production, and also an increase in exports.

The price of Arabica coffee futures on ICE Futures US in New York the potential to test the level of support around 1.4300 dollars and 1.4000 dollars. While the level of resistance that will be encountered if the price increase is between 1.4900 dollars and 1.5200 dollars.

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Gold price movements on the European session is getting weaker than before after being opened higher at 1170.52 in early trading , now the price of gold is still rolling at 1169.82. trying to break the strong support.

The price of gold on early European session retreat from the previous position early when the US dollar was still weak. But now the US dollar rebound was observed to respond to the US bond yields which were trading increased American session. The weakening gold prices was also fueled by strong Asian and European stock exchanges.

Technically, it seems that this commodity's price will fall back towards the range between 1167.59-1163.66. But if it is not transparent this pair can climb back to the range between 1176.03 - 1179.70. So analysts suggest that XAUUSD pair today is expected to have the support level at 1151.81 and resistance level at 1194.74.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading on Wednesday morning (12/7) ends slump. The weakening of arabica coffee prices triggered bearish sentiments.

Rabobank analyst, Carlos Mera stated very good weather in Colombia and Central America, as well as Honduras, generating a volume of good product. Meanwhile, in Brazil the weather has been very good also address the initial concerns over drought that has sparked forecast poor harvest in 2017.

Bearish sentiment was also boosted by the final data Monday from a group of farmers who showed Fedecafe Colombian coffee production last month was 1.65 million bags, jumped 25% on an annual basis. Likewise, exports rose 14.6% YoY to 1:25 million tons. Arabica coffee futures prices closed down towards 1.4200 dollars, down by 1.73 percent.

Analysts estimate that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade will weaken limited by the strengthening of the US Dollar ahead of the planned increase in US interest rates next week. The price of Arabica coffee futures on ICE Futures US in New York the potential to test support level between 1.3900 dollars and 1.3600 dollars.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading on Thursday morning (12/08) ends slump. The weakening of arabica coffee prices triggered increased production of arabica coffee.

Arabica coffee prices have been weakened by oversupply, Estimates for this season crops in Colombia, the producer of arabica No. 2 in the world, was revised upwards by 5.3% last month, according to Alexandra Wexla to Barron.

Rabobank analyst, Carlos Mera stated very good weather in Colombia and Central America, as well as Honduras, generating a volume of good product. Meanwhile, in Brazil the weather has been very good also address the initial concerns over drought that has sparked forecast poor harvest in 2017. Arabica coffee futures prices for the most-active contract closed down at 1.4170 dollars, down by 0.21 percent.

Analysts estimate that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade will weaken limited by the strengthening of the US Dollar. The price of Arabica coffee has the potential to test support at 1.3900 dollars and 1.3600 dollars.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading Friday morning (09/12) ended weak. The weakening of arabica coffee prices again depressed the strengthening of the US dollar.

The increase in the US dollar makes commodities traded in the currency is becoming relatively more expensive for foreign buyers that follow eroded demand weakened. Arabica coffee futures prices for the most-active contract closed down at 1.4140 dollars, down by 0.21 percent.

Tonight will be the data released December US Michigan Consumer Sentiment which indicated increased from the previous results. If these results are realized, will strengthen the US dollar.

Analysts estimated that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade will weaken with the potential strengthening of US dollar. The price of Arabica coffee futures is about to test the support level between 1.3800 dollars and 1.3500 dollars.

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The price of arabica coffee futures on ICE Futures exchange New York at the close of trading on Tuesday morning (13/12) finished up. Arabica coffee price increases supported bargain hunting and a weaker US Dollar.

Traders bargain hunting occurs after ICE arabica coffee prices fell 4.4 percent last week, so it is used by traders to buy at a bargain price. The price increase was also supported by a weaker US dollar. The US dollar seem fall down 0.59 percent against a basket of currencies.

The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. Arabica coffee futures prices for the most active contract in March 2017 closed up at 1.4200 dollar positions, rose 2.65 cents, or equivalent to 1.90 percent.

Analysts estimated that Arabica coffee futures on ICE Futures US in New York at the next trade potentially weak with the strengthening US dollar. The price of Arabica coffee futures on ICE Futures US in New York the potential to test support level between 1.3900 dollars and 1.3600 dollars.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading on Thursday morning (135/12) finished up. Arabica coffee price increases triggered Brazilian import ban policy. Dealers said they were also looking at Brazil where a shortage of robusta coffee is causing problems for coffee producers in the country and expects to import will be allowed.

Brazil has a de facto ban on imports green coffee from both robusta and arabica with sanitary safety reasons, which protect farmers in the local market from competition from producers in other countries. Arabica coffee futures prices for the most active contract in March 2017 closed up at 1.4415 dollar positions, rose 1.30 cent. 

Analysts estimated that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade potentially weak with the strengthening US dollar. The price has the potential to test the level of support at 1.4100 dollars and 1.3800 dollars.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading Friday morning (16/12) ended weak. The weakening of arabica coffee prices again depressed the strengthening of the US dollar.

The US dollar surged to 14-year highs after the US Federal Reserve raised interest rates and a projected three hikes next year. The increase in the US dollar makes commodities traded in the currency is becoming relatively more expensive for foreign buyers that follow eroded demand weakened.

Arabica coffee futures prices for the most-active contract closed in March 2017 sank at the position 1.4220 dollars, down by -1.95 cents or equal to -1.35 percent. Tonight will be released the data Building Permits and Housing Starts November that indicated declining. If realized can hit US dollars.

Analysts estimated that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade potentially strengthened by the potential weakening of US dollar. The price of Arabica coffee has the potential to test the resistance level at 1.4500 dollar and 1.4800 dollar.

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ICE arabica coffee prices rose in late trading Tuesday morning (20/12), triggered the strengthening of the Brazilian currency, the Real. At the close of trading yesterday the Brazilian Real currency strengthened against the US dollar. USDBRL rate fell 0.82 percent at 3.3635.

The strengthening of the Brazilian Real is the bullish sentiment for commodity prices denominated in US dollar, making exports less attractive in the local currency. Brazil is the world's top producer of coffee. Arabica coffee futures prices at the close of trading early this morning has strengthened. It rose by 1.80 dollars or equivalent to 1.26 percent and closed at 1.4425 dollars per pound.

Analysts estimate that the price of arabica coffee futures to a subsequent trade with a positive potential by dollar weakness. The price of Arabica coffee futures on ICE Futures US in New York has the potential to test the resistance level at 1.4700 dollar and 1.5000 dollars.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading on Thursday morning (15/12) finished up. Arabica coffee price increases supported the weakening of the US Dollar. US Dollar retreat from the peak position of 14 years overnight profit taking depressed.

The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. Arabica coffee futures prices for the most-active contract closed up in March 2017 at 1.4455 dollars, up by 0.70 cents, or equivalent to 0.49 percent.

Analysts estimated that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade potentially weak with the strengthening US dollar. The price of Arabica coffee futures on ICE Futures US in New York the potential to test the support level at 1.4150 dollars and 1.3850 dollars.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading the weekend early Saturday (24/12) ends slump. The weakening of arabica coffee prices triggered an increase in arabica coffee harvest forecast.

 

Brazil raised its estimate of the country's coffee harvest in 2016 as a surge in the production of arabica beans various exceeds a slump in production of robusta beans. Agency, known as Conab, said Brazilian farmers grew 51.4 million 132-pound bags of coffee in 2016. In September 2016 Conab estimated harvest 49.6 million bags. The new estimate represents an increase of 19% from 43.2 million bags the country produced in 2015.

 

Arabica coffee futures prices for the most-active contract closed down in March 2017 in the position of 1.3615 dollars, down by -2.95 cents or equal to -2.12 percent. In the weekly price of arabica coffee fell 4.42 percent, largely eroded by increased supply and harvest in Brazil.

 

Analysts estimate that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade limited the potential to  weakening US dollar. The price of Arabica coffee futures on ICE Futures US in New York has the potential to test the resistance level at 1.3900 dollar and 1.4200 dollar.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading on Wednesday morning (28/12) ends slump. The weakening of arabica coffee prices triggered by weak demand for arabica coffee.

According to the exporters group Cecafe, the South American country exported 3.07 million 132-pound bags of coffee last month, a decrease of 12.2% from the same month a year earlier. Overseas sales of arabica coffee declined 6.7% to 2.7 million bags.

Colombia hold the same manufacturer, the second largest producer in the world of arabica beans. ED & F Man Volcafe said in a note that producers and intermediaries have been stockpiling coffee and still thinking about the price of one month back.

Arabica coffee futures prices for the most-active on March 2017 observed to fall down and closed lower at 1.3420 dollars, the contract fall about 1.95 cents or equal to 1.43 percent.

Analysts estimated that Arabica Coffee futures at the next trade will weaken limited by the strengthening of US Dollar. The price of Arabica coffee futures on ICE Futures US in New York the potential to test the support at 1.3100 dollars and 1.2800 dollars.

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading late 2016 early Saturday (31/12) finished up. Arabica coffee price increased supported by the weakening of US Dollar. The US Dollar Index fell -0.46 percent at the end of 2016 depressed profit taking.

The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. Arabica coffee futures prices for the most active contract in March 2017 closed up at 1.3705 dollar which rose about 1.16 percent.

Analysts estimated that Arabica coffee futures for the next trade potentially weak when US dollar strengthened realized. The price of Arabica coffee futures on ICE Futures US in New York the potential to test the support level at 1.3400 dollars and 1.3100 dollars.

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ICE arabica coffee prices rose in late trading Thursday morning (05/01), triggered the strengthening of the Brazilian currency, the Real. The increase was driven by the strengthening of Arabica coffee on the Brazilian real, which rose 1 percent against the dollar, hindering sales of producers on the international currency market the dollar.

The strengthening of the Brazilian Real is the bullish sentiment for commodity prices denominated in US dollar, making exports less attractive in the local currency. Brazil is the world's top producer of coffee.

Arabica coffee futures prices at the close of trading early this morning has strengthened. Arabica coffee futures prices in March 2017 rose by 4.40 dollars or equivalent to 3.20 percent and closed at 1.4180 dollars per pound.

Analysts estimated that Arabica Coffee futuresto a subsequent trade with a positive potential against USD which is weak at the moment. The price of Arabica coffee futures has the potential to test the resistance level at 1.4500 dollar positions and 1.4800 dollar.

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The price of arabica coffee futures on ICE Futures exchange New York at the close of trade on Friday morning finished up. Arabica coffee price increases supported the by weakening of US Dollar. US dollar extended losses against a basket of six major currencies after data showed US private employers added 153,000 jobs.

The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. Arabica coffee futures prices for the most-active contract in March 2017 rise to around 1.4375 dollars, a rise of 1.95 cents, equivalent to 1.38 per cent.

Analysts predicted that Arabica coffee futures for the next session may rise because of the US Dollar's weakness. The price of Arabica coffee futures on ICE Futures US in New York has the potential to test the resistance level at 1.4700 dollars and 1.5000 dollars.

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The price of arabica coffee futures ended weak. The weakening of arabica coffee prices again depressed the strengthening of the US dollar which lifted by data on non-farm payrolls showing a slowdown in hiring last month but an increase in wages. This report supports the view that the US Federal Reserve will go ahead with a rate hike this year

Arabica coffee futures prices for the most-active contract closed in March 2017 sank at the position 1.4285 dollars, down by -0.90 cents or equal to -0.63 percent. For the week, Coffee is still strong, with steady rise for 4.23 percent. Coffee price increase is supported by the strengthening of Brazilian Real, the weakening US dollar and also following Robusta coffee price increases.

Analysts estimated that Arabica Coffee futures on the next trading session will weaken the US dollar strengthening trend. The price of Arabica coffee futures on ICE Futures US in New York the potential to test the support level first at 1.4000 dollars and next one at 1.3700 dollars.

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ICE arabica coffee prices rose in late trading Wednesday morning (11/01), supported a variety of bullish sentiment. The increase in Arabica coffee boosted by Brazilian Reals. Real Brazil tend to be firmer and traded at 3.19 against the US dollar with a still relatively soft nature of the reference price on the New York market.

The strengthening of the Brazilian Real is the bullish sentiment for commodity prices denominated in US dollar, making exports less attractive in the local currency. Brazil is the world's top producer of coffee.

The rise in coffee prices also supported by short covering investors see a good chance to continue buying as happened in the previous session. The increase was also influenced by the increase in Robusta coffee, where there is increasing demand in the coming Tet New Year (Year of the Rooster) festivities will start in 2.5 weeks in Vietnam.

Analysts estimated that Arabica coffee futures for the next session trading has potential to be weaker against US Dollar and the price of Arabica coffee futures on ICE Futures US in New York the potential to test the support at 1.4500 dollars and 1.4200 dollars.

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The price of arabica coffee futures on ICE Futures exchange on Thursday morning (12/01) finished up. Arabica coffee price increases supported the weakening of the US Dollar. US dollar weakened after the press conference US President-elect Donald Trump, who does not discuss economic policies and fiscal stimulus.

The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. Arabica coffee price increase also triggered reports that dry weather in Brazil affects the production potential.

Analysts estimated Arabica coffee futures on ICE Futures US in New York at the next trade is projected to rise by US dollar weakness. The price of Arabica coffee futures on ICE Futures US in New York has the potential to test the resistance level at 1.5200 dollar and 1.5500 dollar.

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The price of arabica coffee futures on ICE Futures exchange New York at the close of trade on Friday morning (13.01) finished up. Arabica coffee price increases supported the weakening of the US Dollar. The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing.

 

Arabica coffee futures prices for the most active contract in March 2017 closed up at 1.4960 dollar positions, rose 0.60 cents, equivalent to 0.40 percent. Tonight will be released the data retail sales in December and January US Michigan Consumer Sentiment, which both indicated increased. If realized the potential to strengthen the US dollar.

 

Analysts estimated the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade potentially weak with the strengthening US dollar. The price of Arabica coffee futures on ICE Futures US in New York the potential to test support at 1.4700 dollars and 1.4400 dollars. 

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The price of arabica coffee futures on ICE Futures exchange at the close of New York trading session ended weak. The weakening of arabica coffee prices depressed profit taking.

Profit-taking occurred after the price of arabica coffee continued to post the positive results over the last four sessions recorded a rise of 4.66 percent. The increase is exploited for profit-taking traders.

Arabica coffee futures prices for the most-active contract sank at 1.4930 dollars, down by 0.20 percent. Markets will watch the planned speech on Tuesday by British Prime Minister Theresa May whether the United Kingdom will take a soft or hard approach to Brexit. Fears Brexit will weaken pounds, and otherwise strengthen the US dollar.

Analysts estimated that Arabica coffee futures will will weaken limited by the strengthening US dollar. The price of Arabica coffee futures on ICE Futures US in New York the potential to test the support level range between 1.4600 dollars and 1.4300 dollars.

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The price of arabica coffee futures on ICE Futures exchange New York at the close of trade on Friday morning ended weak. The weakening of arabica coffee prices depressed the strengthening of the US dollar.

The US dollar which rebounded from a seven-week low optimism influences the economic and earnings outlook for US companies. The increase in the US dollar makes commodities traded in the currency is becoming relatively more expensive for foreign buyers that follow eroded demand weakened.

Arabica coffee futures prices for the most-active contract closed in March 2017 sank at the position 1.5145 dollars, down by -1.45 cents or equal to -0.95 percent. So analysts suggest that Arabica Coffee futures for the next session is projected to rise by US dollar weakness. It has the potential to test resistance level at 1.5450 dollar.

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ICE arabica coffee prices rose in late trading Friday morning (10/02), triggered the estimated decline in crop production. Coffee cooperative Brazil's largest, Cooxupe which is a cooperative associated with arabica coffee, have confirmed their estimates previously poor weather conditions during the development of new crop has combined with pressure from the past higher biennial crops in 2016, leading to projections that the production of coffee harvest for July 2017 until June 2018 may be lower than previously anticipated.

 
Their forecasts for the next harvest are for arabica coffee production to between 35 to 38 million bags and the total Brazilian plant reaches 43 to 47 million bags for the coming year. Arabica coffee futures prices at the close of trading early this morning has strengthened. It rose by 1.61 percent and closed at 1.4520 dollars per pound.

Analysts estimated that Arabica Coffee futures price for the next session has a potential to rise higher by the weaknening of US Dollar. Arabica coffee futures on ICE Futures US in New York has the potential to test the resistance level at 1.4800 dollar and 1.5100 dollar.

 

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Arabica coffee prices rose on ICE in late trading weekend early Saturday (11/02), triggered by the estimated decline in arabica coffee production. Coffee institutes in Brazil Conab expressed preliminary estimates for 2017-18 domestic production will decline 8-15%, to 43.65m-47.50m bags.

 

Arabica coffee futures prices because of that at the close of trading early this morning has strengthened. Arabica coffee futures prices in May 2017 rose by 0.55 dollars or equivalent to 0.37 percent and closed at 1.4815 dollars per pound.

 

Analysts estimated that Arabica Coffee futures for the next trading session has potential to strengthening its position with dollar's weakness. The price of Arabica coffee futures on ICE Futures New York has the potential to test the resistance level at 1.5100 dollar and 1.5400 dollar.