RABOBANK'S COFFEE PRICE PREDICTION

Longitudinal survey after thousands of kilometers long, visiting hundreds of points,plus the financial operations and prices on the futures floor, investment banking-trade of agricultural products of the Netherlands Rabobank has estimated the averageprice last 3 months of the year 2016 with the London robusta futures floor is 1600 USD/ton November base-2016 and the floor of the New York arabica Futures is 133 cts/lb.

Yet the ink dries up, release the two floor price exceeds the predicted: price Londonup 1605 per ton and New York 141.40 cts/lb (transaction date 23-3 month basis last year).

Know that the prediction is not necessarily true "disconnected". Besides this is the predicted average rate all 3-11 and 12-10. Business world sometimes need "project as long as" this to earn money or against the risk to himself as if anyone believes in the predictions.

Suppose the person believe they often have numbers like 1600 +-+/-65 then the last 3 month price fluctuations will in 1665/1535.

Why take 65 without other number? From the beginning of March-2016, the London price rise approximately 100 USD. If there are waves of deep correction, in bad cases, take back 2/3 what was received. Simple math on should only be used as an example. You can use another one to replace the number 65 is recommended.

Arabica floors, in this time of rising 21 cts/lb. You choose the numbers would +-7 or+/-14. If the +/-7 cts/lb then the maximum figures were carved up 23-9. Now, the latest newspaper Convention will decide for his wholesale. Please rephrase that on this is only way to business firms currently regulate the sale talk for themselves independently, instead of calculating techniques advocated herd purchase from several dozen years on the term floor as many people in our country are used.

Last modified on Monday, 28 March 2016 14:42
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