Commodity · ICE / LIFFE
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
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
Africa's Cocoa Market After the Price Crash: What $4,000/t Means for Cameroon, Ghana and Côte d'Ivoire
After hitting a 46-year high of $11,530 per tonne in June 2024, cocoa futures have fallen sharply. We examine what the correction to around $4,180/t means for the three countries that together produce most of the world's supply.
The Weekly Pulse: July 14–18, 2026
Cocoa steadies near $4,180/t, gold holds above $3,290, and the Ghana Stock Exchange extends its lead as the continent's strongest market of 2026.
Other commodities
| Commodity | Price | Week | % | Range | Exchange |
|---|---|---|---|---|---|
|
Brent Crude Oil
$/barrel
|
60.40 | down -1.20 | -1.95% | 59.80–62.10 | ICE Brent |
|
Gold
$/troy oz
|
3,290 | up +48 | +1.48% | 3,238–3,310 | COMEX |
|
Coffee (Robusta)
$/tonne
|
5,180 | up +90 | +1.77% | 5,050–5,240 | ICE Liffe |
|
Copper
$/tonne
|
9,420 | down -180 | -1.87% | 9,380–9,680 | LME |
|
Palm Oil
$/tonne
|
940.00 | up +22.00 | +2.40% | 905.00–960.00 | CME / Bursa Malaysia |
|
Natural Gas
$/MMBtu
|
10.80 | up +0.40 | +3.85% | 10.20–11.10 | TTF (Europe) |
|
Cotton
¢/lb
|
68.40 | down -1.20 | -1.72% | 67.80–70.20 | ICE |