Cocoa rose to 3,300 USD/T on March 31, 2026, up 4.60% from the previous day. Over the past month, Cocoa's price has risen 9.24%, but it is still 60.36% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Cocoa reached an all time high of 12906 in December of 2024. Cocoa - data, forecasts, historical chart - was last updated on April 1 of 2026.

Cocoa is expected to trade at 2895.03 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2648.16 in 12 months time.



Price Day Month Year Date
Soybeans 1,168.94 -2.06 -0.18% 1.65% 13.54% Apr/01
Wheat 612.11 -4.14 -0.67% 6.55% 13.51% Apr/01
Lumber 608.50 3.50 0.58% 9.64% -8.98% Mar/31
Cheese 1.70 0.0010 0.06% 1.19% -1.40% Apr/01
Palm Oil 4,901.00 73.00 1.51% 16.86% 10.88% Mar/31
Milk 17.41 1.30 8.07% 16.69% 1.63% Apr/01
Cocoa 3,300.00 145.00 4.60% 9.24% -60.36% Mar/31
Cotton 69.84 -0.165 -0.24% 8.12% 3.21% Apr/01
Rubber 200.60 0.30 0.15% -2.05% 3.83% Mar/31
Orange Juice 190.00 9.90 5.50% 10.24% -26.41% Mar/31
Coffee 297.87 -0.48 -0.16% 4.66% -23.03% Apr/01
Oat 350.80 -3.4542 -0.98% 12.89% -4.15% Apr/01
Wool 1,724.00 0 0% 0.47% 38.47% Apr/01
Rice 11.38 0.0550 0.49% 7.11% -13.99% Apr/01
Canola 731.46 -0.34 -0.05% 4.73% 16.89% Apr/01
Sugar 15.51 -0.01 -0.06% 11.51% -20.74% Apr/01
Corn 456.49 -1.2624 -0.28% 5.36% -0.28% Apr/01


Cocoa
Cocoa is traded on New York Mercantile Exchange (NYMEX) and the Intercontinental Exchange (ICE) in London. The prices in New York are based on the South-Asian market and prices in London are based on cocoa from Africa. The size of each cocoa contract on the NYMEX is 10 metric tons.The biggest producers of cocoa are Ivory Coast and Ghana which together account for more than 60% of the world’s output. Other major producers include: Indonesia, Nigeria, Cameroon, Ecuador and Brazil. Although cocoa is one of the world’s smallest soft commodity markets, it has global implications on food and candy producers, and the retail industry. Cocoa prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.
Actual Previous Highest Lowest Dates Unit Frequency
3300.00 3155.00 12906.00 0.91 1959 - 2026 USD/MT Daily

News Stream
Cocoa Futures Remain Subdued
Cocoa futures traded around $3,100 per tonne, holding close to the lowest since May 2023, as market fundamentals remained pressured by expectations of a bumper West African crop. Weather conditions in the key producer Ivory Coast have been supporting a more positive outlook for the mid-crop cocoa harvest, which runs from March to August. Last week, rainfall volumes above the historical average were recorded across much of the country’s main producing regions, raising expectations for a longer and more productive harvest. Ample supplies are also weighing on cocoa prices, as ICE cocoa inventories rose to an 8-month high of 2,357,294 bags by March 27. Meanwhile, dealers noted that weak demand remains a concern, with the market awaiting Q1 European and North American grinding data, scheduled for release on April 16.
2026-03-30
Cocoa Futures Hover Around 2023-Lows
Cocoa futures traded around $3,100 per tonne, near the lowest since May 2023, pressured by expectations of a record harvest in West Africa and rising stockpiles. Reports from producers in Ivory Coast and Ghana indicate that frequent rains in the main producing regions have contributed to the good formation of pods, reinforcing the prospect of a comfortable supply in the short and medium term. At the same time, certified stocks monitored by ICE at US ports continued to increase, reaching a 7.5-month high of 2,335,682 bags by March 23. Global cocoa reserves are expanding as plentiful harvests coincide with sluggish consumption, limiting the potential for a sustained short-term price recovery. Meanwhile, market participants remained cautious about logistics risks linked to the Iran war.
2026-03-24
Cocoa Futures Remain Subdued
Cocoa futures traded around $3,250 per tonne, near the lowest since July 2023, amid an improved supply outlook and evidence of ample supplies. Reports from West African farmers indicated that consistent rainfall has boosted cocoa pod development prospects in Ivory Coast and Ghana. Earlier this month, both countries slashed the fixed farmgate price paid to cocoa farmers aiming at boosting sales after global prices fell. Slowing global demand has accelerated cocoa stockpile accumulation, pushing key producers into crisis. In the meantime, latest data showed ICE cocoa inventories rose to a 7.5-month high of 2,307,127 bags by March 18, reinforcing the scenario of greater availability. Nevertheless, dealers noted that part of this increase still reflects a cautious demand from the global industry.
2026-03-18