Ticker Symbol: KC
Exchange: ICE
job Hours: 8:30 a.m. to 12:30 p.m. EST.
Contract Size: 37,500 pounds
Contract Months: March, May, July, September, December
Price Quote: price ounce. Ex 118.20 centimes per pound or $1.182 per pound
Tick Size: .05 or 5/100 cent/lb., equivalent to $18.75 per contract. 1 cent per pound equals $375 per contract.
Last employment Day: Eight business days prior to give way business day of delivery month.
Coffee Fundamentals - supplying:
A hot chocolate tree will yield an do of umber beans to fill a one-pound roll in the hay of ground coffee during each growing season.
It takes 3 to 5 years later on planting a coffee tree before it can produce marketable coffee beans.
The institutions largest producers of coffee are brazil-nut tree, Vietnam, capital of South Carolina and Indonesia.
Brazil and Columbia mainly produce Arabica coffee. Vietnam produces Robusta coffee, which is considered to be dismount quality than Arabica.
Arabica is the type of coffee traded at ICE Futures US(ICE).
The world typically produces about 120 million, 60 kilo bags of coffee per year.
Coffee Fundamentals - Demand:
The United States is the largest importer of coffee.
The world typically consumes about 120 million, 60 kilo bags of coffee per year.
Kraft, Nestlé, Procter & Gamble, and Sara downwind are the Big 4 roaster companies that buy about 50 percent of all the annual production of coffee.
Coffee Futures Trading Tips :
Coffee futures are prone to rallies during the summer months (Southern Hemisphere) in Brazil receivable to parrys or the threat of freezes. They average a freeze about every 5 years
Coffee futures have remained comparatively stable since the late 1990s. Commodities will typically make a large move after a long head of calm prices.
I prefer to sell (write) coffee options due to the high premiums they typically have. It is a good alternative to commerce coffee futures contracts. There is virtually unlimited risk in this...If you want to get a full essay, order it on our website: Orderessay
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