☕🍫 Black Gold Price Trivia Quiz

1. Coffee Market

In early 2025, arabica futures on ICE New York hit record levels. What price range did they reach?
A) $1.80–$2.00 per lb
B) $2.50–$3.00 per lb
C) $3.60–$4.40 per lb
D) Above $5.00 per lb

2. Cocoa Market

In 2025, New York cocoa futures have traded between roughly:
A) $1,000–$2,500 per metric ton
B) $3,000–$5,000 per metric ton
C) $4,900–$9,900 per metric ton
D) $10,000–$15,000 per metric ton

3. Coffee Market

The ICE “C” arabica contract specifies a delivery size of:
A) 10,000 pounds
B) 37,500 pounds
C) 60,000 pounds
D) 100,000 pounds

4. Cocoa Market

How large is a standard cocoa futures contract on ICE?
A) 5 metric tons
B) 10 metric tons
C) 25 metric tons
D) 50 metric tons

5. Coffee Market

What factor most recently fueled arabica’s rally toward $4.32/lb in September 2025?
A) Weakening U.S. dollar
B) Shrinking ICE exchange stocks
C) Strong growth in instant coffee demand
D) Hedge fund speculation in London robusta

6. Cocoa Market

In mid-2025, ICCO reported average daily cocoa prices around:
A) $3,000 / tonne
B) $4,000 / tonne
C) $7,000 / tonne
D) $12,000 / tonne

7. Coffee Market

Robusta coffee is mainly quoted on which exchange?
A) ICE Futures U.S. (New York)
B) ICE Futures Europe (London)
C) CME Group (Chicago)
D) Euronext Paris

8. Cocoa Market

Which two countries, together, consistently supply over 60% of the global cocoa, making their weather critical for 2025 price trends?
A) Brazil and Colombia
B) Ivory Coast and Ghana
C) Nigeria and Cameroon
D) Indonesia and Vietnam

9. Coffee Market

In 2025, ICE arabica inventories fell to around how many bags, thereby tightening the supply?
A) 50,000 bags
B) 150,000 bags
C) 600,000 bags
D) 1.5 million bags

10. Cocoa Market

What trading dynamic exacerbated cocoa’s violent price swings in 2025?
A) Short squeezes on futures contracts
B) Ban on chocolate imports in the EU
C) Dollar-denominated debt defaults in Africa
D) Deregulation of cocoa trading in Asia

✅ Answer Key

1. C) $3.60–$4.40 per lb
2. C) $4,900–$9,900 per metric ton
3. B) 37,500 pounds
4. B) 10 metric tons
5. B) Shrinking ICE exchange stocks
6. C) $7,000 / tonne
7. B) ICE Futures Europe (London)
8. B) Ivory Coast and Ghana
9. C) 600,000 bags
10. A) Short squeezes on futures contracts