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.
FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
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