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Cocoa CC

7770 -1.73%
High: 7962 Low: 7049

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 (%) 0.33%
Overnight funding - Buy -0.0365% Overnight funding - Sell -0.0073%
Initial margin 10.00% Maintenance margin 5.00%
Leverage 1:10 Expires daily No
Futures Contract September 2024
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 5 steps:
  1. Choose how you want to trade Cocoa
  2. Learn about the Cocoa Commodity CFD
  3. Open and verify your Plus500 account
  4. Plan your Cocoa trading strategy
  5. Start trading!

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