Cocoa
ICE: Where the benchmark price is determined
With seasonal demand cycles and concentrated production sources, the cocoa market can be subject to volatility as supply and demand patterns fluctuate through crop cycle changes and weather impacts. ICE's cocoa contracts allow participants to hedge the price of cocoa in USD and GBP.
Trading cocoa
Cocoa futures were introduced on ICE in 1986, and the ICE contract serves as the global benchmark for cocoa prices.
The contract prices the physical delivery of exchange-grade product from a variety of African, Asian and Central and South American origins to any of five U.S. delivery ports.
Futures and options are used by both the domestic and global cocoa and confectionery industries to price and hedge transactions.
Explore all our cocoa product guides for product specs, contract sizes, trading hours, expiry details, margin rates and more.