Cocoa prices averaged USD 8,415 per metric ton in June, down 6.5% from May. On 30 June, the commodity traded at USD 8,101 per metric ton, down 8.3% from 30 May.
Cocoa prices fell in June as Ghana, the world’s second-largest producer, expects a bumper harvest in 2025/26, alleviating supply concerns. Additionally, fears over sluggish global demand continued to weigh on prices. Still, cocoa traded close to recent record highs due to persistent supply woes in the world’s top producer Côte d’Ivoire.
This chart displays Cocoa (US$/mt) from 2023 to 2025.
Cocoa ICCO (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cocoa ICCO | - | - | 3,470 | 4,011 | 5,750 | 8,657 | 6,803 | 8,285 | 9,558 | 8,521 | - | - |