Cocoa futures are delivered every year in March, May, July, September, & December.
The following is a table with cocoa futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One Cocoa futures contract on the ICE Exchange is 10 metric tons.
There is no daily price limit for Cocoa Futures on the ICE Exchange.
Trading of Cocoa futures contracts on the ICE Exchange ends on the business day immediately preceding the first notice day on the New York Board of Trade..
Deliverable Cocoa grades for futures contracts on the ICE Exchange are: 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).