Growers are reluctant to sell their products at the current pricing as farmgate prices for arabica coffee have dropped by a fifth over the past two months. Growers are currently harvesting the premium and mild types in important producing regions of Karnataka, the State with the highest production, adding to their troubles as a result…
The National Commodity and Derivative Exchanges (NCDEX) has invited farmer producer organizations (FPOs) to use the platform in order to hedge price risks as deliveries from futures contracts of robusta cherry AB coffee type will resume in February of next year. The major commodity exchange has introduced futures contracts for the period of February through…
The Robusta cherry AB Coffee futures contract will relaunch on Friday at the national commodity and derivatives market (NCDEX). Initial trading would be restricted to monthly contracts with April, March, and February expiration dates. The contract would be a mandatory delivery contract that must be fulfilled in the Karnataka city of Kushalnagar. The contract will…
