Coffee stocks keep going down!
A key component of the coffee futures price is the level of coffee stocks in ICE warehouses.
And it keeps falling. Over the last 11 weeks. And now we are more than 44% lower than last season.
A key component of the coffee futures price is the level of coffee stocks in ICE warehouses.
And it keeps falling. Over the last 11 weeks. And now we are more than 44% lower than last season.