ICE U.S. Coffee "C" Arabica
From MarketsWiki
ICE U.S. Coffee "C" Arabica futures is the world benchmark contract for Arabica coffee. The contract prices physical delivery of exchange-grade green beans from one of 19 countries of origin in a licensed warehouse in one of several ports in the U.S. and Europe, with stated premiums/discounts for ports and growths.
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Uses
Dried Coffee "C" Arabica seeds "beans" are roasted, ground, and brewed to make coffee. The two most important species of coffee economically speaking are Coffea Arabica (Arabica coffee) - which accounts for over 70% of world production - and Coffea Canephora (Robusta coffee). Two other species which are grown on a much smaller scale are Coffea Liberica (Liberica coffee) and Coffea Dewevrei (Excelsa coffee).[1]
Data Quotes
ICE offers data quotes on a subscription basis.[2]
| U.S. Coffee "C" Arabica futures | ||
|---|---|---|
| Exchange | ICE | |
| Settlement | Physically delivered | |
| Trade Unit | 37,500 pounds | |
| Point Value | Need point value! | |
| Tick Value | Need tick value! | |
| Contract Months | Mar, May, Jul, Sep, Dec | |
| Last Trading Day | One business day prior to last notice day | |
| Open Outcry | Electronic | |
| Trading Hours | 08:30 to 12:30 Eastern time; closing period commences at 12:29 Eastern time | 01:30 open Eastern Time and 15:15 close Eastern Time |
| Ticker Symbol | KC | KC |
| Price Limits | None | None |
References
- ↑ Botanical Aspects. International Coffee Organization. Retrieved on January 14, 2008.
- ↑ The most valuable commodity is information. ICE. Retrieved on January 14, 2008.
