MARKET

Coffee Market Chart for the Last Week (2024-06-17 to 2024-06-23)


Last week's market fluctuations were like a dog's walking route, with all sorts of different smells.
Starting in late May, coffee bean prices were going uphill and then suddenly started rolling downhill.
It's like chasing a ball in the park.

Once June began, things seemed to calm down a bit, but then there were small ups and downs again, which upset my dog's mood.
The week of June 17th to 23rd was dominated by small jumps compared to the larger movements that had occurred up until that point.
I started out at 224.70, trotted up to 227.45, but then let my tail drop to 223.15 by the end.

There weren't any big leaps or bounds this week, but there were a series of small movements, and it felt like we were on an expedition in search of coffee beans.
In other words, this week was not one of stable movement, but rather one of small but fast movements.
It feels like things have calmed down a bit from the big fluctuations of the previous week, but they're not completely settled yet.
For my dog, it was a week of going for a little walk to relax.