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« Back to Coffee Resources
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Coffee, like oil, gold, wheat, and other commodities, is traded on an international
futures exchange. The market participants include roasters, importers, exporters,
and producers who use the exchange for fixing prices and limiting risk, as well
as speculators who are not part of the coffee industry. As of 2008, all trading
is conducted electronically (no more guys standing in a circle screaming at each
other). While the pros and cons of the futures market (as well as its applicability
to the specialty coffee industry) are certainly up for debate, it is important to
be aware of how it affects your business. |
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Understanding Futures and Options |
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If you REALLY want to know how it all works, take a look at this pamphlet supplied
by the old New York Board of Trade. |
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Click here to view pamphlet |
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Daily Price Quotes |
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For price quotes on a 30-minute delay,
click here. |
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