- Trading Screen Product Name
- Coffee "C" Metric Futures
- Trading Screen Hub Name
- NYCC
- Contract Symbol
AC
- Contract Size
10 Metric Tons
- Price Quotation
U.S. Dollars per Metric Ton, in whole Dollar increments.
- Contract Series
March, May, July, September, December.
- Minimum Price Fluctuation
$1.00 per Metric Ton, equal to $10 per contract.
- Settlement
Physical delivery
- Grade/Standards/Quality
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.
- Daily Price Limit
None
- Deliverable Origins
Brazil, Burundi, Colombia, Costa Rica, Dominican Republic, Ecuador,
Guatemala, Honduras, India, Kenya, Mexico, Papua New Guinea,
Nicaragua, Panama, Peru, Rwanda, El Salvador, Tanzania, Uganda,
Venezuela and Vietnam
Mexico, El Salvador, Nicaragua, Papua New Guinea, Tanzania, Uganda,
Panama, Peru and Honduras at Par.
Guatemala at $110/ton premium.
Colombia, Costa Rica and Kenya at $220/ton premium.
Venezuela, Burundi, Rwanda and India at $22/ton discount.
Dominican Republic and Ecuador at $88/ton discount.
Brazil and Vietnam at $132/ton point discount.
- Delivery Locations
Exchange licensed warehouse in the Ports of New York District,
Miami, New Orleans, Houston, Virginia, Bremen/Hamburg and Antwerp
.
The New York and Virginia delivery points are Par;
The New Orleans, Miami and Houston delivery points at $11/Metric
Ton discount.
The Antwerp and Bremen/Hamburg at $28/Metric Ton discount.
- First Notice Day
Seven business days prior to first business day of delivery month.
- Last Trading Day
One business day prior to last notice day
- Last Notice Day
Seven business days prior to the last business day of the delivery month
- Block Trade Minimum
250 Lots
- Position Limit
Position Limit and Position Accountability information for all IFUS
products can be found
here.
- Trading Hours
4:15 AM to 1:30 PM ET Preopen at 8:00 PM ET (prior day)
- MIC Code
- IFUS
- Clearing Venues
- ICUS