Prior to the effective date for these changes, the differentials for Peru and Honduras are each minus 100 points, and the differential for India is minus 300 points.
NYBOT's coffee contract calls for delivery of washed Arabica coffee produced in nineteen Central and South American, Asian and African countries. Each contract is for roughly 250 bags of coffee (or 37,500 pounds).
The text of the new amendments to the Coffee Rules is available for free to interested parties by calling 212-748-4090.
The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges and their subsidiaries and divisions, NYBOT offers an expanding range of agricultural, currency and index products. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.
