Trading terminates on the business day prior to the first notice day of the corresponding trading month of Coffee C futures at ICE Futures U.S. Analyze open interest and open interest change patterns for each expiration within the selected product.
What happened to ice-certified coffee stocks?
Also, the latest data indicated ICE-certified coffee stocks decreased further by 75,000 bags to 800,137 60kg bags on February 24th. Arabica coffee it is the world benchmark for coffee futures contracts that trade on the Inter Continental Exchange (ICE).
What are the most important trading venues for coffee?
The most important trading venues for coffee are the London International Financial Futures Exchange, the New York Board of Trade, the Bolsa de Mercadorias & Futuros and the Tokyo Grain Exchange.
How much does a Coffee Exchange cost?
5/100 cent/lb., equivalent to $18.75 per contract. A Notice of Certification is issued based on testing the grade of the beans and by cup testing for flavor. The Exchange uses certain coffees to establish the "basis". Coffees judged better are at a premium; those judged inferior are at a discount.
