Cocoa fell to 3,144.12 USD/T on February 23, 2026, down 1.07% from the previous day. Over the past month, Cocoa's price has fallen 27.69%, and is down 62.36% 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 in December of 2024. Cocoa - data, forecasts, historical chart - was last updated on February 24 of 2026.

Cocoa is expected to trade at 3118.02 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 2646.64 in 12 months time.



Price Day Month Year Date
Soybeans 1,134.25 -3.25 -0.29% 6.83% 10.23% Feb/23
Wheat 568.77 -4.25 -0.74% 8.86% -1.77% Feb/23
Lumber 570.18 -7.82 -1.35% -4.81% -8.56% Feb/23
Cheese 1.60 0.0090 0.57% 13.11% -13.96% Feb/23
Palm Oil 4,123.00 112.00 2.79% 0.68% -11.26% Feb/19
Milk 15.01 -0.01 -0.07% 1.97% -25.77% Feb/23
Cocoa 3,144.12 -33.88 -1.07% -27.69% -62.36% Feb/23
Cotton 65.20 -0.434 -0.66% 3.53% -1.75% Feb/23
Rubber 194.40 1.70 0.88% 4.63% -5.77% Feb/23
Orange Juice 167.56 -2.39 -1.40% -23.59% -45.99% Feb/23
Coffee 278.09 -7.61 -2.66% -21.94% -28.72% Feb/23
Oat 327.76 -2.2380 -0.68% 9.53% -7.41% Feb/23
Wool 1,693.00 0 0% 9.86% 42.99% Feb/23
Rice 9.98 -0.1900 -1.87% -8.78% -25.81% Feb/23
Canola 688.34 1.64 0.24% 6.37% 6.43% Feb/23
Sugar 14.02 0.15 1.05% -5.23% -33.42% Feb/23
Corn 427.77 0.2692 0.06% -0.11% -11.34% Feb/23


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
3144.12 3178.00 12906.00 0.91 1959 - 2026 USD/MT Daily

News Stream
Cocoa Futures at 2023-Lows
Cocoa prices continued their slide to below $3,100 per tonne, the lowest since May 2023, reflecting ongoing weak global demand and resulting restocking in key producing countries. Warehouses in Ghana and the Ivory Coast continue to accumulate unsold cocoa beans, even after Ghana cut farmer payouts to encourage supply. At the same time, ICE cocoa inventories rose to a 4.25-month high of 1,942,367 bags on Friday, signaling that more cocoa is available for immediate delivery than is being absorbed by the market. The accumulation of inventories and delays in sales increases the risk of additional pressure on international prices. Meanwhile, the cocoa market continues to face pressure as favorable weather across West Africa has strengthened production forecasts, fueling expectations of abundant supply, with South America also contributing increased output.
2026-02-17
Cocoa Hits 27-month Low
Cocoa decreased to 3683.00 USD/T, the lowest since October 2023. Over the past 4 weeks, Cocoa lost 27.48%, and in the last 12 months, it decreased 63.79%.
2026-02-13
Cocoa Futures Drop to 2023-Lows
Cocoa prices extended their downward trend to below $3,700 per tonne, near the lowest level since October 2023, as the market balanced weak global demand against higher supply. Weak buying interest is leading to stock accumulation among major cocoa producers, particularly the Ivory Coast and Ghana. Latest data showed cocoa arrivals at ports in Ivorian Coast ports reached 1.263 million metric tons by February 8 since the start of the season on October 1, down 4.5% from the same period last season. Meanwhile, StoneX projected in late January a global cocoa surplus of 287,000 tonnes for the 2025/26 crop year and 267,000 tonnes for 2026/27. Regarding crop developments, farmers in the Ivory Coast noted sufficient soil moisture, with forthcoming rains expected to strengthen the crop and help produce high-quality cocoa beans. However, they expressed concerns that poor storage conditions were affecting bean quality, and some were hesitant to harvest ripe pods for fear of non-payment.
2026-02-10