Robusta Coffee Futures

Robusta Coffee Futures37089079

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
Symbol
RC
Contract Size
Ten Tonnes
Price Quotation
$ per metric tonne
Contract Listing
January, March, May, July, September, November, such that ten delivery months are available for trading
Minimum Price Movement
$1 per tonne ($10)
Settlement
Physical Delivery
Delivery Points
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 Growths
Robusta Coffee from any Origin that is freely available for export to any destination
First Notice Day
First business day of the delivery month

Effective from the July 2018 delivery month, the fourth business day preceding the first business day of the delivery month.
Last Trading Day
Last business day of the delivery month at 12:30

Effective from the July 2018 delivery month, the fourth business day preceding the last business day of the delivery month at 12:30.
Last Notice Day
Last business day of the delivery month

Effective from the July 2018 delivery month, the fourth business day preceding the last business day of the delivery month.
Delivery Limits
Delivery limits for IFEU Softs can be found here.
MIC Code
IFLX
Clearing Venues
ICEU