Cocoa Prices

15-04-2026 - Over the past month, the price of Cocoa ICE has experienced a notable increase, climbing from $3,297 per ton to $3,646 per ton. This upward movement suggests strong demand or possible supply constraints in the raw material market. However, the forecast anticipates a price decline to $3,217 per ton from the current $3,646 per ton, marking a decrease of $429 per ton or -11.8%. This projected downward trend presents a significant risk for raw material pricing.

The forecast indicates substantial downward pressure on raw material prices, primarily influenced by technical data, which contributes a negative impact of $194 per ton. Other factors include the Futures Curve, which adds $152 per ton, and Price Signals, which subtract $128 per ton. All data sources consistently show no upward trends.

Recent analyses align with the forecast, predicting a potential decline in cocoa prices over the next month, with an expected price of $3,217 per ton. Trading Economics further supports this outlook, projecting cocoa to trade at approximately $3,092.65 per ton by the end of this quarter, reinforcing the anticipated downward trend. This projection is consistent with the forecast's direction, suggesting continued price pressure in the cocoa market.