ICE coffee futures were trading mostly lower this week, as the key index fund rolling period began on Tuesday and lasted until Today. Today marked the September options expiration. The first notice day for September is August 23rd. Characteristic of the market during this period, we saw more open interest and technical activity. Volume this week was mostly centered on the Sep/Dec switch. The Liffe Robusta market saw mixed trading this week. Prices were able to climb higher from underlying fundamental support due to tight supply. The market also saw dips due to increasing pressure from the Arabica market. This morning, prices rose with trade and industry pricing pushing local shorts to cover. Macro factors such a negative import/export data from China and further questioning of the European Central Bank’s stimulus plan have also impacted the market.