
170
COFFEE ONE-YEAR SEASONAL PATTERN
–6
–3
0
3
6
9
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
25-Year Pattern
5-Year Pattern
Based on near-term futures contract daily data 1985–2009
COFFEE NEAR-TERM CONTRACT ANNUAL HIGHS, LOWS, AND CLOSES SINCE 1974
HIGH LOW YEAR HIGH LOW YEAR
YEAR DATE CLOSE DATE CLOSE CLOSE YEAR DATE CLOSE DATE CLOSE CLOSE
1974 02/11 81.95 09/16 50.17 59.62 1993 09/10 83.15 04/08 53.50 71.55
1975 08/04 87.90 04/10 47.00 87.25 1994 07/12 246.80 01/05 71.55 168.85
1976 12/30 224.45 01/06 86.90 224.45 1995 03/10 187.75 12/28 93.90 94.90
1977 04/14 339.86 10/21 149.06 192.03 1996 04/22 130.95 01/02 91.25 116.90
1978 01/16 201.25 07/25 109.00 132.88 1997 05/29 314.80 01/06 114.05 162.45
1979 06/29 221.53 02/16 122.91 181.56 1998 02/05 181.95 09/18 101.10 117.75
1980 05/15 203.07 11/10 108.03 126.80 1999 12/03 144.05 10/01 81.35 125.90
1981 11/04 149.71 06/26 85.44 139.71 2000 07/18 119.05 12/19 65.05 65.55
1982 02/10 157.75 04/19 118.07 129.83 2001 01/22 71.25 10/22 42.50 46.20
1983 12/13 149.58 02/16 119.44 138.79 2002 12/02 72.85 02/08 44.55 60.20
1984 05/21 156.45 10/01 133.57 142.25 2003 09/11 72.05 03/27 57.15 64.95
1985 12/23 246.66 07/23 131.32 241.29 2004 12/29 107.95 08/05 65.90 103.75
1986 01/07 273.45 12/30 132.59 136.83 2005 03/10 138.10 09/19 86.45 107.10
1987 01/08 134.02 04/01 99.28 125.96 2006 12/14 128.90 07/24 94.05 126.20
1988 12/30 159.34 08/02 108.83 159.34 2007 10/12 ...