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.

What is the value of the cocoa market?

According to the International Cocoa Organization, the annual value of the cocoa market in 2012 was US$ 8-10 billion, and developing economies such as India and China will require a rise of 25% on today’s production by 2020 to meet demand. Discover more about Bioversity International’s research in cacao diversity by reading the highlights below.

What is the fair trade price for cacao?

Fair Trade regulations quote prices in terms of the dry FOB export price. In theory, the Fair Trade price is set at a 10% premium above the ICCO commodity price, which is also quoted as a dry FOB export price. Currently, the Fair Trade minimum price for cacao is $2,400 per metric ton.