NYMEX Softs

NYMEX Softs Meaning:
In commodity market terminology, the phrase NYMEX Softs refers to agricultural commodities futures such as Cocoa, Coffee, Cotton and Sugar traded on the New York Mercantile Exchange. NYMEX Softs are traded both on the NYMEX floor and on the Chicago Mercantile Exchange’s Globex electronic trading platform.

NYMEX Softs Example:
The NYMEX Softs commodities futures contracts all have their own specifications of size and settlement details. They are all quoted in U.S. Dollars with varying minimum price fluctuations.