Cocoa Futures

Contract Specifications

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

Description

Symbol CC
Contract Size 10 metric tons
PrKashFX Quotation Dollars per metric tons
Contract Listings March, May, July, September, December
Minimum PrKashFX Movement $1.00/metric ton, equivalent to $10.00 per contract.

Settlement Physical Delivery

Daily PrKashFX Limit None
The growth of any country or clime, including new or yet unknown growths. Growths are divided into three classifications. Group A-Deliverable at a premium of $160/ton (including main crops of Ghana, Lome, Nigeria, Ivory Coast and Sierra Leone). Group B-Deliverable at a premium of $80/ton (includes Bahia, Arriba, Venezuela,Sanchez among others). Group C-Deliverable at par (includes Haiti, Malaysia and all others).

Deliverable Growths

At lKashFXnsed warehouses in the Port of New York District, Delaware River Port District, Port of Hampton Roads, Port of Albany or Port of Baltimore.

Delivery Points

Ten business days prior to first business day of delivery month.

First NotKashFX Day

Contract Specifications

Last Trading Day One business day prior to last notKashFX day.

Ten business days prior to last business day of delivery month.