Cocoa futures rose toward $3,400 per tonne but remained close to the lowest since August 2023, as traders continued to weigh signs of weak global demand against prospects of ample supply. Industry data showed that cocoa grindings in top consumer Europe fell almost 8% and dropped nearly 4% in North America, both exceeding market estimates. Meanwhile, Bloomberg Intelligence reported chocolate candy sales fell about 5% year-on-year during the Easter holiday, a peak seasonal period for consumption. On the supply side, adequate rainfall across key West African growing regions has raised the prospect of another global surplus in 2026/27. Latest data showed ICE-monitored certified inventories at US ports fell by 5,511 bags to 2,618,981, though levels remain high by historical standards, indicating comfortable supply conditions. However, renewed disruptions in the Strait of Hormuz added concerns over logistics and transportation costs.

Cocoa fell to 3,290.47 USD/T on April 21, 2026, down 3.08% from the previous day. Over the past month, Cocoa's price has risen 3.47%, but it is still 64.41% 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 21 of 2026.

Cocoa fell to 3,290.47 USD/T on April 21, 2026, down 3.08% from the previous day. Over the past month, Cocoa's price has risen 3.47%, but it is still 64.41% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cocoa is expected to trade at 3216.21 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 2791.10 in 12 months time.



Price Day Month Year Date
Soybeans 1,174.25 8.50 0.73% 0.92% 13.45% Apr/21
Wheat 605.50 8.50 1.42% 3.02% 13.07% Apr/21
Lumber 577.54 -7.96 -1.36% -3.10% 1.86% Apr/21
Cheese 1.68 0.0271 1.64% -0.65% -9.15% Apr/21
Palm Oil 4,559.00 61.00 1.36% 1.76% 14.92% Apr/21
Milk 16.87 0.02 0.12% 4.65% -2.93% Apr/21
Cocoa 3,304.00 -91.00 -2.68% 3.90% -64.26% Apr/21
Cotton 80.89 0.853 1.07% 20.41% 20.78% Apr/21
Rubber 205.30 4.10 2.04% 8.45% 23.01% Apr/21
Orange Juice 176.05 -1.25 -0.71% 8.71% -36.21% Apr/21
Coffee 288.45 0.70 0.24% -6.04% -23.93% Apr/21
Oat 324.54 1.7921 0.56% -4.41% -9.28% Apr/21
Wool 1,825.00 0 0% 4.23% 48.13% Apr/21
Rice 10.99 -0.0450 -0.41% 0.50% -17.40% Apr/21
Canola 734.96 7.86 1.08% 2.21% 9.36% Apr/21
Sugar 13.71 0.07 0.51% -11.66% -23.69% Apr/21
Corn 453.59 1.5863 0.35% -1.29% -4.66% Apr/21


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
3290.47 3395.00 12906.00 0.91 1959 - 2026 USD/MT Daily

News Stream
Cocoa Futures Remain Near 2023-Lows
Cocoa futures rose toward $3,400 per tonne but remained close to the lowest since August 2023, as traders continued to weigh signs of weak global demand against prospects of ample supply. Industry data showed that cocoa grindings in top consumer Europe fell almost 8% and dropped nearly 4% in North America, both exceeding market estimates. Meanwhile, Bloomberg Intelligence reported chocolate candy sales fell about 5% year-on-year during the Easter holiday, a peak seasonal period for consumption. On the supply side, adequate rainfall across key West African growing regions has raised the prospect of another global surplus in 2026/27. Latest data showed ICE-monitored certified inventories at US ports fell by 5,511 bags to 2,618,981, though levels remain high by historical standards, indicating comfortable supply conditions. However, renewed disruptions in the Strait of Hormuz added concerns over logistics and transportation costs.
2026-04-20
Cocoa Futures Rise to 2-Month Highs
Cocoa futures rose above $3,500 per tonne, reaching the highest since mid-February, supported by a weaker US dollar and spillover effects from lingering geopolitical tensions. The closure of the Strait of Hormuz weighs on the cocoa market by disrupting fertilizer supply chains and increasing global shipping rates, insurance premiums, and fuel costs, thereby raising production and import expenses. However, market fundamentals remained pressured by ample West African supply expectations and subdued demand. Latest data showed ICE cocoa inventories rose to a 19.5-month high of 2,610,453 bags by April 13. At the same time, cocoa arrivals at ports in top grower Ivory Coast rose 0.7% to 1.462 million metric tons as of April 12, since the start of the season on October 1. Attention turns to the release of first-quarter grinding data across Europe, Asia, and North America, due on April 16, expected to signal weak global demand.
2026-04-14
Cocoa Hits 4-week High
Cocoa increased to 3391.00 USD/T, the highest since March 2026. Over the past 4 weeks, Cocoa lost 0.93%, and in the last 12 months, it decreased 57.58%.
2026-04-14