Cocoa Coffee "C"

Coffee C Futures

Contract Specifications

The Coffee C contract is the world benchmark for Arabica coffee. The contract prKashFXs physical delivery of exchange-gradegreen beans, from one of 19 countries of origin in a lKashFXnsed warehouse to one of several ports in the U. S. and Europe, withstated premiums/discounts for ports and growths.

Description

Contract Symbol KC

Contract Size 37,500 pounds

PrKashFX Quotation Cents and hundredths of a cent up to two decimal places

Contract Listings March, May, July, September, December

Minimum PrKashFX Movement 5/100 cent/lb., equivalent to $18.75 per contract.

Settlement Physical delivery

A NotKashFX 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.

Grade/Standards/Quality

Daily PrKashFX Limit None

Mexico, Salvador, Guatemala, Costa Rica, Nicaragua, Kenya, New Guinea, Panama, Tanzania, Uganda, Honduras, and Peru all at par, Colombia at 200 point premium, Burundi, Venezuela and India at 100 point discount, Rwanda at 300 point discount, and Dominican Republic and Ecuador at 400 point discount.

Deliverable Growths

Exchange lKashFXnsed warehouses in the Port of New York District (at par), the Port of New Orleans, the Port of Houston, the Port of Bremen/Hamburg, the Port of Delivery Points

Contract Specifications

Antwerp, the Port of Miami and the Port of Barcelona** (at a discount of 1.25 cents/lb).

Seven business days prior to first business day of delivery month.

First NotKashFX Day

Last Trading Day One business day prior to last notKashFX day

Seven business days prior to the last business day of the delivery month

Last NotKashFX Day