It is not a secret that coffee is considered to be one of the most preferred and refreshing drinks existing in the world. Coffee has become the inseparable part of our daily routines and today, there is hardly anyone who can imagine the start of his day without a fresh and delicious cup of coffee. This delightful drink is consumed and traded everywhere on a daily basis and because of the fact that it has that much popularity, people started to take advantage of the price movements of this commodity without physically owning the asset.
Since 1882, coffee futures have been widely traded in New York, by appearing, firstly, on the New York Cocoa Exchange and later on the New York Board of Trade. The Coffee “C” contract is the world benchmark for Arabica coffee, which prices green beans from one of 19 countries of origin.
Being one of the world’s popular hot drinks, coffee is also an important commodity and nowadays the Coffee “C” contract has undoubtedly become of the leading and the most widely traded instruments by many investors and traders.
Trade Continuous CFD on Coffee | Coffee Futures
http://www.ifcmarkets.com/
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