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Monday 18 November 2024
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FUTURES MARKETS – ICE to add Port of Virginia as coffee delivery point in 2016

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NEW YORK – Effective commencing with the September 2016 futures contract, the Exchange is implementing amendments to Coffee “C” Rules to add the Port of Virginia as a delivery point on the futures contract, at no differential (premium or discount) to the futures contract price.

The amendments define the Port of Virginia as follows:

“The Port of Virginia shall mean the following marine terminals in and around Norfolk, Virginia: Norfolk International Terminals, Newport News Marine Terminal, APM Terminals and Portsmouth Marine Terminal.”

No other changes to delivery points for the contract are being made at this time.

Source: ICE Futures US

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