any electronic coffee trader?

[Aeroc]

i know the eminis came out a little while ago, has anybody traded them or the etf 'coff.l' on the LSE and what are your reviews or comments...also what would happen to stocks like sbux, ddrx and other coffee related stocks if coffee futures prices shot up, would they follow like the gold related stocks followed gold futures prices...

 

[bunkinc]

still waiting for my broker to access ICE, but there is also robusta on liffe, too.

 

[gurucandidate]

The effect on high unroasted coffee prices on corporation profits would to a large extent depend on what degree they are hedged in the market.

Some companies may have favorable forward arrangements and they would benefit early in the cycle. Others less covered would feel the pinch on profits from rising raw material and a public spending less because of exorbitant prices.

BTW robustas are used in instant coffee and not in the premium concoctions we are talking about.

GC

 

[gurucandidate]

A lot of us are waiting for IB to bring the ICE/NYBOT electronic contract on.

GC