Coffee, especially its unroasted green type, is one of the most bought crops in the world.
It is third by beverage consumption after water and tea.
Coffee prices depend very much on season-based cycles. They are also very responsive to the harvest results: the better the harvest, the lower the price, and vice versa. One should pay attention to the coffee harvest in Vietnam, which is a major Robusta producer, as well as in Brazil, Indonesia, and Colombia. Most Arabica coffee is produced in Brazil and Central America.
The most active trading period for coffee contracts is between 2 and 7 PM GMT.