The New York Mercantile Exchange, Inc. announced today that it will change margins for the NYMEX Cocoa; Cotton; and Coffee futures contracts, effective at the close of business tomorrow.
Margins for the NYMEX Cocoa futures contract will increase to $4,000 from $2,500 for clearing members, to $4,400 from $2,750 for members, and to $5,400 from $3,375 for customers.
The margins for the NYMEX Cotton futures contract will decrease to $4,500 from $5,000 for clearing members, to $4,950 from $5,500 for members, and to $6,075 from $6,750 for customers.
Margins for the NYMEX Coffee futures contract will decrease to $3,000 from $3,500 for clearing members, to $3,300 from $3,850 for members, and to $4,050 from $4,725 for customers.