Facility

ICE Futures U.S. — Arabica Coffee C Contract (New York)

ICE Futures U.S. (Intercontinental Exchange; New York; operator of NYSE) hosts the benchmark Arabica coffee futures contract — symbol KC ('Coffee C'); priced in US cents per pound; contract size 37,500 lbs (1 lot = ~17 tonnes). The KC contract is the global price reference for all Arabica green coffee trade — virtually all physical green coffee contracts are priced as differentials to the KC price (e.g., 'KC + 10 cents' for Colombian Supremo). The KC exchange specifies eligible origin countries and grade standards for physical delivery against the futures contract: eligible origins include Brazil, Colombia, Mexico, Ethiopia, Honduras, Guatemala, and others. The KC contract is integral to the supply chain: traders, cooperatives (COOXUPÉ), and roasters all hedge price exposure through KC futures. Open interest in KC futures frequently exceeds 150,000 contracts (~2.5 million tonnes notional). Source: ICE Futures U.S.; ICO composite price indicator methodology.