Agricultural ETF rebounds strongly Coffee Futures are up more than 50% this year
Maybe you drink coffee every morning, but you don't know you've drunk the best-performing financial asset so far this year, and coffee futures contracts are up more than 50% so far this year. It's really sad that people's love of coffee not only does not benefit them, but consumes more income.
Since the end of January, agricultural ETF has rebounded from a low of 24.4 to 26.6, rising by about 9%, mainly due to the worst drought in Brazil in 60 years, which has seriously affected the production of coffee and soybeans (4520,-17.00,-0.37%).
As shown in the chart below, ETF prices of agricultural products have been falling since 2010 and were at a phased bottom in 2013. In recent weeks, the ETF of agricultural products has continuously pulled out the big positive line (weekly K line), breaking through the 10-day, 20-day and 50-day index average (Exponential Moving Average,EMA). In addition, the location of the smooth moving average (Moving Average Convergence Divergence,MACD) Jiaqing Capital flow Index (Chaikin Money Flow,CMF) shows that there is still a lot of room to rise in the future.
- Prev
Capsule coffee is a new favorite
Healthy drinking capsule coffee has become a new favorite
- Next
Kenyan coffee industry wants to break the monopoly of multinational corporations and introduce new buyers such as China.
Kenyan caffeine is well received in the global market for its aroma, taste and quality, but the industry has long been monopolized by Western multinationals.
Related
- How does coffee break out of rich layers? Which is better, washed coffee beans or sun-dried coffee beans?
- What are the five ways to drink American coffee? What is the difference between American coffee and Long Black? How to make quicksand ice American style? How to pull flowers in American coffee? Can I take milk in American coffee?
- What's so good about Blue Mountain, which ranks first in the world's top coffee beans? What grade does Blue Mountain Coffee belong to? What are the characteristics and taste of Blue Mountain Coffee?
- How to draw flowers in American coffee? Can American coffee draw flowers? What is the principle of latte flowers? How to kill the milk foam of coffee flower?
- Is it better to use lightly baked beans or deeply baked beans for mocha pot coffee? How to use and make a mocha pot! What should I do if the Mocha pot has a splash problem?
- What does special coffee mean? What beans are the best to make special coffee? Do you make special coffee with espresso or cold extract? Why is specialty coffee the "cocktail" of the coffee industry?
- Coffee shop specialty American production ratio step by step tutorial KFC apple bubble American practice
- What is the difference between the foam of a latte and white cappuccino? How thick should Latte's milk foam be made? What's the difference between a cappuccino and an Australian white latte?
- The right way to drink espresso! How to drink coffee best? Do I have to gulp dirty coffee?
- Take restrictions! Starbucks takes action to crack down on "coffee workers"