At the same time, another rule amendment concerning cocoa sampling is being implemented to provide that the deadline by which samples being submitted for grading and which are drawn in each of the new ports must be delivered to the Exchange is three business days.
Please visit the NYBOT website at www.nybot.com to view the new rule or to learn more.
Cocoa futures and options contracts are traded at NYBOT from 8:00 am until 11:50 am (NY Time). The Cocoa contract is for 10 metric tons (22,046 pounds) of exchange-certified cocoa.
The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, pulp and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.
