NEW YORK – Effective with the May 2016 expiration, the Exchange is revising the origin differentials for delivery of coffee from Colombia and Brazil.
From May 2016 and forward, the delivery differential for Colombia will be 400 points (4 cents per pound) premium, and the delivery differential for Brazil will be 600 points (6 cents per pound) discount to par.
This change to the Colombia and Brazil delivery differentials is being made via amendments to Schedule C-2 of Coffee “C” Rules Appendix IV. The complete Coffee “C” futures Rules can be found online at: https://www.theice.com/publicdocs/rulebooks/futures_us/8_Coffee.pdf.
Prior to implementation of the amendments to Schedule C-2 the differential for Colombia is 200 points (2 cents per pound) premium and the differential for Brazil is 900 points (9 cents per pound) discount to par.
2014 Good Friday Holiday Trading Schedule
ICE Futures U.S. will observe the following trading schedule for the 2014 Good Friday Holiday. Changes from regular trading and daily settlement window times are shown in bold, all times shown in NY time.
Sugar No. 11® and 16, Coffee “C” ®, Cotton No. 2®, Cocoa, FCOJ and Cash-Settled U.S. Grain and Oilseed Contracts:
Source: ICE Futures US