DOW JONES NEWSWIRES
Pit-traded arabica coffee futures sped to new 10-year highs on ICE Futures
U.S. Thursday as funds and roasters bought and shorts rushed to cover, while
March-May rollovers were busy before notices start in less than a week. Buyers
were spurred by the London robusta market"s leap to 11-year highs and the CRB
Index"s surge to an all-time high.
아라비카 커피는 10년만에 가장 높은 가격을 기록하고 있고 로부스타는 11년만에 급격히 상승하였다.
ICE pit March settled 310 points higher at $1.5260 a pound, with May gaining
305 points to $1.5520. 3월치는 $1.5260/파운드당 그리고 5월치는 $1.5520/파운드당 (참고로 지난몇달동안의 평균 가격은 $1.20- $1.30, 킬로로 대충 계산한다면 약 600원이 올랐음) 앞으로 더욱 오를것으로 추측됨
"Funds are earmarking more money for commodities and they"re getting buy
signals in coffee," a New York desk trader said. "ICE open interest is big at
over 198,000 lots. You could argue that arabica prices shouldn"t really be this
high, but the market"s got a lot of momentum here."
현재 커피마켓은 구매현상이 두드러지고 있다.
As ICE March-May rollovers progressed, the spread settled at 260 points. ICE
pit futures volume was estimated at 9,532 lots, and in options 15,562 calls and
7,727 puts traded. ICE electronic-arabica volume was 36,026 lots at 1:40 p.m.
EST.
ICE March robusta coffee stood at $1.04 a pound in late screen action.
Another New York desk trader said "funds have been tossing money at it,
pushing into overhead stops and forcing the shorts to cover. But the market"s
not for the faint of heart, and you have to be careful at these levels. The
seasonal tendency is for New York to be declining."
Brazilian supplies are tight after drawndowns in the past year. The nation"s
new crop is developing well, however, and looks large after favorable weather
followed a dry September-October stretch. The new crop is expected to come in
close to 48 million bags, according to Brazilian trade ideas, while National
Commodity Supply Corp., or Conab, officials see output at around 44 million
bags. Brazil"s carry-over in June will be low, but beans being picked from
Minas Gerais and Sao Paulo trees could then keep supplies in line with needs.
지난해 브라질커피의 수확이 축소되어서 공급이 원활하지 않았다. 뉴크롭이 4천8백만백 예상, 그러나 결과는 대충 4천4백만백이다
Brazil from Feb. 1-13 exported 647,044 bags versus 471,463 in the same
January span, according to the Green Coffee Exporters Council. The nation
shipped over 2 million bags in January and should show a similar tally for
February.
Physical activity in Vietnam is picking up after Lunar New Year, but the
nation"s growers continue to withhold beans, believing coffee to be a better
store of value than cash. 베트남에선 커피 재배자들이 계속해서 생두를 시장에 내놓지 않고있다. 그들은 현재 커피를 현금보다도 뛰어난 투자방법으로 믿고있다
ICE screen March is supported at $1.49, $1.4890, $1.4875-$1.4865 and $1.4850,
with resistance at $1.5330, $1.5350, $1.5375, $1.5390 and $1.54.
ICE Change Range Liffe Change
Mar 152.60 up 3.10 150.15-152.60 Mar 2324 up 82
May 155.20 up 3.05 152.60-155.40 May 2356 up 84
-By Susan Buchanan, Dow Jones Newswires; 504-371-5461;
susan.buchanan@dowjones.com
(END) Dow Jones Newswires
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