Tuesday 13 March 2012

London (Robusta) Coffee open interest - March 6th

Very intriguing figures published yesterday - Commercials (at March 6) were square, with 51.4% of the total longs AND 51.4% of the total shorts - so, having been nett long 13188 contracts the previous week, they're now flat. Small Specs are offset by 'the others', at plus 1.5 versus minus 1.5 - lower prices seem likely.

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