How much is a pound of coffee on the C market?

However, although the value of any given pound of coffee on the C Market is always exactly the same as all of the other pounds of coffee on the C Market, this overall price varies from day to day. For example, on January 31, 2019, the price of one pound of coffee on the C Market was $1.06. The next day, the price had dropped to $1.04.

What is the C market & the C Price?

One last but very important thing to note about the C Market and the C price: when it comes to specialty coffee, the C price is not the final price that a farmer is paid for their coffee, but merely makes up a portion of that price.

What is a coffee C contract?

The Coffee C contract is the world benchmark for Arabica coffee. The contract prices physical delivery of exchange-grade green beans, from one of 20 countries of origin in a licensed warehouse to one of several ports in the U. S. and Europe, with stated premiums/discounts for ports and growths. 5/100 cent/lb., equivalent to $18.75 per contract.

How do you know if coffee is on the C market?

If you’re interested in following the daily shifts in C Market coffee price, you can look it up online using the stock symbol KCN9. The price of coffee on the C Market doesn’t fluctuate randomly — it shifts based on supply and demand, but also based on trader predictions about future supply and demand.