More downside potential on the new than on the old crop
28 Jan 2021
In the past 2 days, prices consolidated for the first time in many weeks. Markets seem to have found a compromise, for now, between tight supplies on the old crop and higher stock and production prospects for the new crop.
Uncertainty prevails. That’s why we need to remain very cautious in our predictions, stick to our convictions and use appropriate strategies to turn the expected volatility into a risk management opportunity. So, what do we currently know and what can we expect...?
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