ICE to Add Port of Virginia as Coffee Delivery Point in 2016
Posted by Eric HaunJuly 15, 2014
Portsmouth Marine Terminal in Port of Virginia (Photo courtesy of Port of Virginia)Portsmouth Marine Terminal in Port of Virginia (Photo courtesy of Port of Virginia)
ICE Futures U.S. will add the Port of Virginia as a delivery point for the arabica coffee futures contract, effective with the September 2016 contract, the exchange said in a notice on Tuesday.
An exchange spokeswoman declined to comment on the reason for the addition.
There are currently no exchange certified coffee warehouses in Virginia.
(Reporting by Marcy Nicholson; Editing by James Dalgleish)