Cocoa Price

If you’re looking for the latest Cocoa price then you’ve come to right place. Whether you’re trading or spot buying and selling Cocoa commodities, we will have all the information you might need on Cocoa , including trading guide, commodity info, and up to date prices.

Cocoa Price

Cocoa current price is 2873$ / metric ton. Cocoa commodity price changed by 0 which represents a 0 percentage shift from the previous trading day’s closing price.

Cocoa futures are traded on mercantile markets around the globe. Cocoa comes from the cocoa tree, which thrives in very hot and wet places. For this reason, countries closer to the equator are generally larger producers of cocoa than anywhere else in the world. Cote D’Ivoire, or Ivory Coast, is by far the world’s largest producer of cocoa, with about 40% of all cocoa coming from there. Ghana also produces a large amount of cocoa, 15% of the world’s total. The biggest consumer of cocoa in the world is the United States, which consumes 13% of the world total. Germany consumes some 9% of the world total, the second most of any country in the world. While some may believe all cocoa futures are sweet, the future is in fact very hard to rely on for a stable investment. This is due to the fact that countries that produce cocoa can be very unstable politically, which can drive the price up or down rapidly.

The Cocoa price today stands as 2873 and falls in a 52 week range of 2276 and 3512. Good luck in your trading.