Cocoa Futures
Trading Unit - 10 metric tons
Trading Hours - (New York) 4:00am - 3:15pm EST, (London) 9:00am - 8:15pm EST
Price Quotation - Dollars per metric ton
Contract Listings - March, May, July, September and
December
Ticker Symbol - CC
Minimum Price Movement - $1.00/metric ton, equivalent
to $10.00 per contract
Daily Price
Limit - None
Settlement
- Physical Delivery
Last Trading Day
- One business day prior to last notice day.
First
Notice Day - Ten business days prior to the first business day of the delivery month.
Last Notice Day - Ten business days prior to the last business day of the
delivery month.
Deliverable Growths
- The growth of any country or clime, including new or yet unknown growths.
Growths are divided into three classifications listed below.
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).
Delivery Points - To licensed warehouses at the Port of New York District,
Delaware River Port District, Port of Hampton Roads, Port of Albany or Port of Baltimore.
