Cocoa (CC) Futures

$10350.00
-682.00[-6.59%]
as of 2024-04-23
Q

What are cocoa futures?

A

Cocoa futures are standardized contracts where the contract buyer agrees to take delivery of a large quantity of cocoa at a fixed price on a particular date.

Q

How much cocoa is involved in a futures contract?

A

Generally, cocoa futures involve 10 metric tons of the product.

Q

Are cocoa futures profitable?

A

Cocoa futures have proven to be profitable in the past, but you must do your research ahead of time.

RECENT NEWS (NIB)