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Spot coffee would accelerate once it can hurdle $2.65. But it’s the monthly closing chart below that illustrates just how dramatic coffee’s long-term upside potential is in the coming years.
Moreover, on the long term charts coffee is in oversold territory, has been making higher lows, and the risk-reward favors the upside primarily because of increasing demand from China.
The long-term chart dating back to the early 1970s illustrates coffee futures eclipsed the $3 level three times in 1977, 1997, and 2011. The all-time high was in 1977 at $3.3750 per pound. Cocoa ...
After all, as the long-term chart shows, the low in 2001 was at 41.50 cents per pound, ... BJO is appropriate for short to medium-term long positions in the coffee market.
This long term chart goes back to 1972 and shows what appears to be a massive sideways consolidation. The high was set in 1977 at $337.50 while the low was set in 2001 at $42.20. So that is quite ...
If you are long a futures contract I would continue to place the stop loss under the 10-day low as an exit strategy which currently stands at 117.95 as the chart structure will start to improve on ...
"Long-term, heavy coffee consumption and CVD risk." ScienceDaily. www.sciencedaily.com / releases / 2021 / 02 / 210218094507.htm (accessed June 2, 2025). Explore More ...