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Cocoa

Cocoa CC

9040 -3.71%
High: 9494 Low: 8860

A popular agricultural commodity, traded on the Intercontinental Exchange (ICE) Future-ICE

Traders' Sentiments

Info

A popular agricultural commodity, traded on the Intercontinental Exchange (ICE) Future-ICE

Spread 26 Spread (%) 0.29%
Overnight funding - Buy -0.0345% Overnight funding - Sell -0.0094%
Initial margin 10.00% Maintenance margin 5.00%
Leverage 1:10 Expires daily No
Futures Contract March 2025
Automatic rollover

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What is Cocoa?

Cocoa (CC) is a soft agricultural commodity. Cocoa is the key ingredient used to manufacture chocolate, alongside additional commodities such as sugar, dairy products, nuts, and corn sweeteners. The Cocoa price can be influenced by several factors, including weather conditions, crop yields, demand for chocolate products, currency fluctuations, and geopolitical events in countries where cocoa is produced.

How do I trade Cocoa?

Start trading Cocoa in just 5 steps:
  1. Explore what shifts the Cocoa price
  2. Learn about Cocoa trading in the Trading Academy
  3. Open and verify your Plus500 account
  4. Develop your trading strategy
  5. Execute your first trade on Cocoa

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