CC

Cocoa

CCยทsofts

$8,245.00$/MT

-125.00 (-1.49%)

Day $8,190.00 โ€“ $8,320.00ยท52W $2,812.00 โ€“ $11,722.00ยทOpen $8,370.00ยทPrev. Close $8,370.00

Price Chart

Key Statistics

Prev. Close$8,370.00 $/MTOpen$8,370.00 $/MT
Day High$8,320.00Day Low$8,190.00
52W High$11,722.0052W Low$2,812.00
Change-125.00Change %-1.49%
CategorySoftsUnit$/MT

About Cocoa

Cocoa is grown almost exclusively in a narrow band near the equator, with Cรดte d'Ivoire and Ghana together producing roughly 60% of global supply. In 2024, cocoa prices reached an all-time high above $11,000/MT โ€” surpassing copper per tonne โ€” driven by severe El Niรฑo-related crop failures and a disease outbreak (CSSV) devastating West African trees. Given the 5โ€“7 year maturation period for new cocoa trees, supply responses to high prices are structurally slow, creating persistent price pressure.

Related Commodities

Related Commodities