Short Sale Setup Preceding Seasonally Weak Coffee Market

From seekingalpha.com

The coffee market has rallied more than 10% from its recent lows.

The rally has attracted substantial commercial selling.

Coffee is typically weak preceding December futures’ deliveries.

The commercial coffee producers have taken the upper hand in the December coffee futures contract ahead of seasonal weakness through month’s end.

The weekly Commitment of Traders disaggregated futures report divides the markets into three basic groups:

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