NEW YORK – ICE Futures U.S. has been in contact with each Exchange licensed coffee and cocoa warehouse operator in the ports of delivery points affected by Hurricane Sandy: New York, Delaware, Baltimore, and Hamptons Roads.
Currently, only one warehouse has reported damage, as noted below. All other warehouses are working to complete a full assessment on all licensed stores.
Continental Terminals, Inc., located at Building 54, River Terminal, Kearney, NJ, has reported some water damage.
All of the approximately 35, 000 bags of certified coffee carried at this location have been flagged in eCOPS as non-deliverable until further notice.
This operator is currently assessing the licensed cocoa warehouses it operates in River Terminal.
Additional information will be provided when it becomes available.
