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Cocoa prices fluctuated in June 2024. In London, cocoa prices reached a high of $11,530 per tonne on June 13; the previous year, prices had averaged $3,182. Although effects were similarly observed on the New York market, which reached US$10,782 per tonne, effects were less prominent due to greater European consumption of West African cocoa. [3]
According to Tony’s Chocoloney 2022-23 annual report, cocoa farmers in Ghana and Ivory Coast currently earn about $1.42 and $1.23 per person per day, respectively.
The following is a list of futures contracts on physically traded commodities. Agricultural ... Cocoa (London) ICE: IEPA: 10 metric tons C Coffee C: ICE: IEPA: 37,500 ...
Cocoa futures have shot up over 100% in the last year, and up nearly 70% in the last six months alone. It's all the result of a climate pattern known as an El Niño, which is leading to a lower ...
Poor climate and crop diseases in West Africa – home to 70% of global cocoa production – have tightened supply and caused prices to skyrocket. Cocoa futures have more than doubled since ...
The Refinitiv Equal Weight Commodity Index (formerly known as the Continuous Commodity Index) is a major US barometer of commodity prices. The index comprises 17 commodity futures that are continuously rebalanced: cocoa, coffee, copper, corn, cotton, crude oil, gold, heating oil, live cattle, live hogs, natural gas, orange juice, platinum, silver, soybeans, Sugar No. 11, and wheat.
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