Market reference update: Contract examples below may be historical. See the official exchange resources for current listings and terms.
Cocoa futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of cocoa (eg. 10 tonnes) at a predetermined price on a future delivery date.
Exchange and contract information
Contract availability, lot size, quotation units, exercise style and settlement are product-specific. Use the current official resources below; historical contracts named in older examples should not be assumed to be listed today.
Official futures market resources
Use the exchange pages for current contract specifications and margin information. Quotes may be delayed or require sign-in. Margin requirements vary by position and broker.
| Exchange & futures product | Market information | Margin information |
|---|---|---|
| ICE Cocoa (CC) | Quotes / market data Contract specifications | View margin information |
| ICE London Cocoa (C) | Quotes / market data Contract specifications | View margin information |
These are current ICE market resources. Legacy NYMEX, Euronext/Liffe or TGE listings in the historical discussion must not be assumed to have the same contract specifications.
Exchange references reviewed 2026-09-12. Educational examples and exchange names elsewhere in this article may be historical.
US Cocoa Price Chart — CFD Reference
Capital.com US Cocoa CFD reference price. This broker CFD (contract for difference) is a market reference, not a spot price or an exchange futures contract. This is the US cocoa reference, not London cocoa quoted in pounds. Prices and quoting units may differ from the contracts described in this guide. Check the widget timestamp and market status; prices may be delayed.
Cocoa Futures Trading Basics
Consumers and producers of cocoa can manage cocoa price risk by purchasing and selling cocoa futures. Cocoa producers can employ a short hedge to lock in a selling price for the cocoa they produce while businesses that require cocoa can utilize a long hedge to secure a purchase price for the commodity they need.
Cocoa futures are also traded by speculators who assume the price risk that hedgers try to avoid in return for a chance to profit from favorable cocoa price movement. Speculators buy cocoa futures when they believe that cocoa prices will go up. Conversely, they will sell cocoa futures when they think that cocoa prices will fall.
Learn More About Cocoa Futures & Options Trading
- Buying Cocoa Futures to Profit from a Rise in Cocoa Prices
- Selling Cocoa Futures to Profit from a Fall in Cocoa Prices
- Cocoa Options Basics
- Cocoa Call Option Trading Basics
- Cocoa Put Option Trading Basics
- Hedging Against Rising Cocoa Prices with Cocoa Futures
- Hedging Against Falling Cocoa Prices with Cocoa Futures
