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Cocoa

COC · Agriculture · ICE · Quoted in USD/t
5,920.00 USD/t
-30.00 (-0.50%) vs prior
Monthly avg, World Bank Pink Sheet, Sep 2026
Monthly averages · from 1960-01-01

Origin markets

Benchmark: ICE cocoa (NY/London basis). The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →

OriginBasisMarket note
🌐
ICE basis
Global · reference
Futures basisBenchmarkThe terminal reference; origins add a country differential
🇬🇭
Ghana (LID + quality)
Ghana · world #2
FOB TemaLiving Income Differential plus a quality premium; Cocobod-marketed
🇨🇮
Côte d'Ivoire (LID)
Côte d'Ivoire · ~40% of world crop
FOB AbidjanLiving Income Differential plus origin diff
🇪🇨
Ecuador (CCN-51/Nacional)
Ecuador · flavor + bulk
FOB GuayaquilFast-growing bulk plus fine-flavor Nacional
🇳🇬
Nigeria / Cameroon
Nigeria · mid-crop
FOBMid-crop and quality discount
🇮🇩
Indonesia
Indonesia · grinder-grade
FOBUnfermented grinder-grade discount

Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.

Track physical flows on the live vessel map →
Open
5,950.00
Range high
7,030.00
Range low
3,240.00
Prev Close
5,950.00
1W
—
1M
+5.53%
1Y
-22.11%
5Y
+131.25%
Exchange
ICE

6-month range

Annualised volatility 25%
Low 260.00Now 5,920.00 · 54%High 10,750.00

In other units

Converted from 5,920.00 USD/t · indicative FX

USD/kg
5.920
USD/lb
2.685
EUR/t · FX conversion, not an exchange quote
5,446.40
CNY/t · FX conversion, not an exchange quote
42,920.00

About Cocoa

Cocoa is traded in the agriculture segment. The series on this page is the named public source, not a live feed. Physical parcels of Cocoa can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.

AgricultureICEUSD/t-0.50% vs prior
Top producers
1. Côte d'Ivoire2. Ghana3. Ecuador4. Cameroon
Principal uses
  • Chocolate
  • Cocoa butter & powder
  • Cosmetics