Help on Cocoa (CC)

Cocoa Futures are traded on the Coffee, Sugar, and Cocoa Exchange. The price of Cocoa is quoted in dollars per metric ton. The standard contract size is 10 metric tons. The minimum trading increment is a 1 dollar.

Cocoa prices are read as follows:

A price of 1464 would be read as $1,464.00/ metric ton

A move from 1464 to 1564 would be a difference of $1,000.00 excluding commissions and fees. The minimum change is 1 dollar or $10.00

Formula: $1564 - $1464 = $100 *10 = $1,000.00

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