Commodity · ICE Futures US (New York)
Cocoa price today
Current price
The African context
Cameroon, Ghana and Côte d'Ivoire together account for more than 70% of global production. Prices fell from a June 2024 peak of $11,530/t as West African growing seasons partially recovered.
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Cocoa coverage
Ghana: Food exports (% of merchandise exports), 2025
Food products accounted for 18% of Ghana’s merchandise exports in the latest World Bank data for 2023. In 2025 cocoa beans and products alone made up 14% of total exports, while gold dominated at 63.1%.
Ghana's Richest Woman Is Building a Cocoa Empire
Patricia Poku-Diaby built a $90 million cocoa processing plant in Ghana, capturing value multinationals have long controlled
Cocoa Rebounds: What Higher Prices Mean for West and Central African Producers
Cocoa prices climbed around 3.18% to approximately $5,719 per tonne, bringing fresh attention to the economic impact on West and Central Africa's major producing countries. But the key question is not simply whether cocoa prices are rising — it is who ultimately captures the gains.
Cocoa & Agricultural Exports: West Africa's Supply Crisis Reshapes Global Trade
Cocoa prices surged 9.44% after Ghana projected lower production for the 2026/27 season, raising fresh concerns over global supply. The developing supply crisis in West Africa is increasing pressure on manufacturers, exporters and agricultural supply chains.
African Commodities Focus: Oil Falls, Gold Holds and Cocoa Surges
African commodity markets moved sharply in early August as Brent crude fell 5.26%, gold remained above $4,000 per ounce and cocoa surged 9.44%. The contrasting moves highlight the growing importance of commodity prices for African exports, currencies and fiscal revenues
Other commodities
| Commodity | Price | Week | % | Range | Exchange |
|---|---|---|---|---|---|
|
Brent Crude Oil
USD/barrel
|
106.31 | down -10.41 | -8.92% | 106.31–116.72 | ICE Futures Europe |
|
Gold
USD/troy ounce
|
3,917.20 | down -76.76 | -1.92% | 3,917.20–3,993.96 | Spot (OTC) |
|
Coffee (Robusta)
$/tonne
|
3,256 | down -189 | -5.49% | 3,256–5,240 | ICE Liffe |
|
Copper
USD/lb
|
14,377 | up +14,371 | +224,480.97% | 14,377–14,377 | COMEX |
|
Palm Oil
MYR/tonne
|
4,598 | down -194 | -4.05% | 4,598–4,598 | Bursa Malaysia Derivatives |
|
Natural Gas
USD/MMBtu
|
2.89 | down -0.39 | -12.44% | —–— | NYMEX (Henry Hub) |
|
Cotton
USc/lb
|
77.30 | down -3.43 | -4.24% | 77.30–77.30 | ICE Futures US |