Robusta Coffee Futures37089079
ICE Futures Europe
Robusta Coffee Futures
Description
The Robusta Coffee futures contract is used as the global benchmark for the pricing of physical Robusta Coffee. It is actively traded by producers, exporters, trade houses, importers and roasters as well as by managed funds and both institutional and short-term investors.
Market Specifications
- Trading Screen Product Name
- Robusta Coffee Future
- Trading Screen Hub Name
- ICEU
- Contract Symbol
- RC
- Contract Size
- Ten Tonnes
- Price Quotation
- $ per metric tonne
- Contract Series
- January, March, May, July, September, November, such that ten delivery months are available for trading
- Minimum Price Fluctuation
- $1 per tonne ($10)
- Settlement
- Physical Delivery
- Delivery Locations
- Delivered in an Exchange Nominated Warehouse in Europe or the U.S.A.
- Grade/Standards/Quality
- Class 1 Robusta Coffee deliverable at Contract price. Other qualities deliverable at set premiums and discounts.
- Daily Price Limit
- None
- Deliverable Origins
- Robusta Coffee from any Origin that is freely available for export to any destination
- First Notice Day
- Fourth business day preceding the first business day of the delivery month.
- Last Trading Day
- Fourth business day preceding the last business day of the delivery month at 12:30.
- Last Notice Day
- Fourth business day preceding the last business day of the delivery month.
- Delivery Limits
- Delivery limits for IFEU Softs can be found here.
- Markers
- TAS (Trade at Settlement)
- MIC Code
- IFLX
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 4:00 AM - 12:30 PM 04:00 - 12:30 | 8:00 PM 20:00 |
| LONDON | 9:00 AM - 5:30 PM 09:00 - 17:30 | 1:00 AM 01:00 |
| SINGAPORE | 5:00 PM - 1:30 AM* 17:00 - 01:30 | 9:00 AM 09:00 |
Codes
- Clearing Admin Name
- Robusta
- Physical
- RC
- Logical
- RC
- GMI (FC)
- RC
- ION A.C.N.
- Symbol Code
- RC