- Trading Screen Product Name
- Coffee "C" Futures
- Trading Screen Hub Name
- NYCC
- Contract Symbol
KC
- Contract Size
37,500 pounds
- Price Quotation
Cents and hundredths of a cent up to two decimal places
- Contract Listing
March, May, July, September, December
- Minimum Price Movement
5/100 cent/lb., equivalent to $18.75 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 Growths
Mexico, Salvador, Guatemala, Costa Rica, Nicaragua, Kenya, New
Guinea, Panama, Tanzania, Uganda, Honduras, and Peru all at par,
Colombia at 400 point premium, Burundi, Rwanda, Venezuela and India
at 100 point discount, Dominican Republic and Ecuador at 400 point
discount, and Brazil at 600 point discount.
- Delivery Points
Exchange licensed warehouses in the Port of New York District and
the Port of Virginia (each at par), the Port of New Orleans, the
Port of Houston, the Port of Bremen/Hamburg, the Port of Antwerp,
the Port of Miami and the Port of Barcelona (at a discount of 1.25
cents/lb).
- 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
- Position Limits
Position Limit and Position Accountability information for all IFUS
products can be found
here.
- MIC Code
- IFUS
- Clearing Venues
- ICUS