ICE Cocoa

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The ICE Cocoa contract is the world benchmark contract for the global cocoa market. The contract prices physical delivery of exchange-grade product from a variety of African, Asian and Central and South American origins in any of five US delivery ports.

Uses

Cocoa seeds are processed into cocoa powder for use mainly to make chocolate and cocoa butter. Cocoa pulp can be eaten fresh or made into cocoa juice.[1]

Data Quotes

ICE offers data quotes on a subscription basis.[2]


Cocoa futures
Exchange ICE
Settlement Physically delivered
Contract Size 10 metric tons
Pricing Unit Need pricing unit!
Tick Value $1.00/metric ton, equivalent to $10.00 per contract.
Contract Months March, May, July, September, December
Last Trading Day One business day prior to last notice day
  Open Outcry Electronic
Trading Hours 08:00 to 11:50 Eastern time; closing period commences at 11:48 Eastern time New York: 4:45 AM - 1:30 PM, 04:45 - 13:30
Ticker Symbol CC CC
Price Limits None None

Resources


References

  1. Use of Cocoa. ETAWAU.
  2. The most valuable commodity is information. ICE.