Cocoa increased to 3234.54 USD/MT in July from 3214.66 USD/MT in June of 2014. Cocoa averaged 1580.20 from 1959 until 2014, reaching an all time high of 5368 in July of 1977 and a record low of 211 in July of 1965.
||1959 - 2014
The biggest producers of cocoa in the world are Cote d'Ivoire (34% of total in 2009/10 fiscal year), Ghana (17%), Indonesia (15%), Nigeria, Cameroon, Ecuador and Brazil. Cocoa has a wide variety of uses, from chocolate to cocoa butter to coloring agents for food products. Although cocoa is one of the world’s smallest soft commodity markets, it has global implications on cocoa importers and exporters, food and candy producers, and the retail industry. The size of each contract is 10 metric tons and its commodity code is CJ. It is financially settled, and the final settlement price will be set at the value of New York Board of Trade cocoa futures contract on the termination day of the contract month, or as specified by the NYMEX Board of Directors. This page provides - Cocoa - actual values, historical data, forecast, chart, statistics, economic calendar and news.