Cocoa futures traded around $3,700 per tonne, the lowest level since early May, amid rising inventories and positive supply prospects for the current season. Latest data showed ICE cocoa stocks rising to a 1.75-year high of 2,929,074 bags. Also, dealers pointed to strong arrivals in Ivory Coast during the current 2025/26 season and a broadly favorable outlook for the remainder of the mid-crop, supported by above-average rainfall across key producing regions, which improved soil moisture and tree development. However, the outlook for 2026/27 is less favorable, with early surveys pointing to smaller crops in both Ivory Coast and Ghana. The El Niño phenomenon remains a key risk, as it can bring heat and drought to West Africa and has been linked to major production declines in 2016 and 2024.

Cocoa rose to 3,868 USD/T on June 12, 2026, up 1.84% from the previous day. Over the past month, Cocoa's price has fallen 11.95%, and is down 60.49% compared to the same time last year, 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 12906.00 in December of 2024. Cocoa - data, forecasts, historical chart - was last updated on June 14 of 2026.

Cocoa rose to 3,868 USD/T on June 12, 2026, up 1.84% from the previous day. Over the past month, Cocoa's price has fallen 11.95%, and is down 60.49% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cocoa is expected to trade at 3834.46 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 3205.41 in 12 months time.



Price Day Month Year Date
Soybeans 1,113.50 -1.50 -0.13% -9.40% 4.09% Jun/12
Wheat 584.50 -2.25 -0.38% -13.47% 7.49% Jun/12
Lumber 623.50 4.00 0.65% 5.68% -0.40% Jun/12
Cheese 1.62 -0.0030 -0.19% -4.04% -16.32% Jun/12
Palm Oil 4,475.00 -76.00 -1.67% 0.83% 13.95% Jun/12
Milk 15.99 -0.03 -0.19% -6.44% -14.72% Jun/12
Cocoa 3,868.00 70.00 1.84% -11.95% -60.49% Jun/12
Cotton 76.42 0.060 0.08% -11.97% 16.91% Jun/12
Rubber 224.40 1.80 0.81% 1.17% 38.78% Jun/12
Orange Juice 163.30 -2.50 -1.51% -14.64% -40.42% Jun/12
Coffee 253.40 3.15 1.26% -9.74% -27.44% Jun/12
Oat 306.00 -9.5000 -3.01% -16.68% -20.83% Jun/12
Wool 1,979.00 15.00 0.76% 4.93% 65.33% Jun/12
Rice 12.04 -0.1650 -1.35% -5.05% -12.56% Jun/12
Canola 765.90 -7.10 -0.92% 2.42% 4.73% Jun/12
Sugar 13.70 -0.09 -0.65% -10.92% -14.84% Jun/12
Corn 412.75 1.0000 0.24% -14.14% -7.14% Jun/12


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
3868.00 3798.00 12906.00 0.91 1959 - 2026 USD/MT Daily

News Stream
Cocoa Futures at Over 1-Month Low
Cocoa futures traded around $3,700 per tonne, the lowest level since early May, amid rising inventories and positive supply prospects for the current season. Latest data showed ICE cocoa stocks rising to a 1.75-year high of 2,929,074 bags. Also, dealers pointed to strong arrivals in Ivory Coast during the current 2025/26 season and a broadly favorable outlook for the remainder of the mid-crop, supported by above-average rainfall across key producing regions, which improved soil moisture and tree development. However, the outlook for 2026/27 is less favorable, with early surveys pointing to smaller crops in both Ivory Coast and Ghana. The El Niño phenomenon remains a key risk, as it can bring heat and drought to West Africa and has been linked to major production declines in 2016 and 2024.
2026-06-11
Cocoa Futures Hover Around $4,000
Cocoa futures have been trading around $4,000 per tonne since mid-May, as the market weighed lingering weather-related risks against improving supply prospects. Market participants remain focused on the possible impacts of the El Niño phenomenon, as it could hurt cocoa crops in Ivory Coast and Ghana, which produce more than 60% of the world's cocoa. On the other hand, prospects for a recovery in African cocoa production in 2025/26 are limiting further price gains. Farmers in Ivory Coast reported rainfall was mainly below average last week in most of the country's cocoa growing regions but it was sufficient to boost the size and quality of the March-to-August mid-crop. At the same time, there were signs of increased global inventories. Latest data showed ICE cocoa inventories rose further to a near two-year high of 2,846,957 bags by May 29.
2026-06-01
Cocoa is down by 5.03%
Cocoa decreased 5.03% to 3892.97 USD/T
2026-05-29