What are cocoa prices based on?

Cocoa prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Cocoa increased 5,100.97 USD/MT or 121.57% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

How much has cocoa increased since 2024?

Cocoa increased 5,100.97 USD/MT or 121.57% since the beginning of 2024, 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 12261.00 in April of 2024.

Is cocoa a soft commodity?

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.