New York vs London Cocoa Futures: Why Are the Prices Different?
Expanded · Read the dated additions ↓. Original reporting dates remain unchanged.
Compare ICE New York and London cocoa futures, including USD and GBP quotations, delivery locations, calendar spreads and how to compare prices on a common basis.
What is the difference between new york and london cocoa?
ICE Futures U.S. cocoa (CC) trades in dollars per metric tonne. ICE Futures Europe London cocoa (C) trades in pounds sterling per metric tonne. Both standard contracts represent 10 metric tonnes and list March, May, July, September and December delivery months. Each contract has its own delivery locations and eligibility rules. London delivery is through nominated European warehouse areas, while the New York contract uses designated US delivery locations.
ICE New York contract: Source · ice.com ↗ ICE London contract: