# Colombian proposal to ditch NY coffee price may send buyers elsewhere

> Colombia's coffee federation is proposing to stop pricing its coffee at a differential to New York futures and instead set prices between $1.40 and $1.50 per pound. The federation has begun discussions with other producers about the change.

- Date: 2019-03-19 · published 2019-03-19T12:00:00.000Z
- Category: market · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/60371-colombian-proposal-to-ditch-ny-coffee-price-may-send-buyers-elsewhere
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A fixed-price regime could divert buyers away from NY coffee futures, reducing liquidity and reference-price relevance for the market; the effect on feed commodities is minimal.

## Sources

- reuters.com: https://www.reuters.com/article/us-colombia-coffee-analysis/colombian-proposal-to-ditch-ny-coffee-price-may-send-buyers-elsewhere-idUSKCN1R027P/?feedName=businessNews&feedType=RSS

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.