Cocoa (ICE New York and London average) averaged $5.95/kg in August 2026, -22% over twelve months and +96% over ten years. The nominal all-time high was $10.75/kg in January 2025; in 2024 dollars the real peak was $22.5/kg in July 1977. Monthly averages, World Bank Pink Sheet.
Cocoa (ICE New York and London average)
Derived price statistics per series
Series
Latest
1 month
12 months
5 years
10 years
20 years
All-time high (nominal)
All-time high (real, 2024 US$)
Cocoa (ICE New York and London average) $/kg, since 1960
5.95 August 2026
+6%
-22%
+140%
+96%
+267%
10.75 January 2025
22.5 July 1977
Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.
Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how cocoa is priced.
Monthly cocoa prices by decade
Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.
Cocoa (ICE New York and London average) ($/kg)
Cocoa (ICE New York and London average) monthly prices, 1960s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1960
0.63
0.61
0.58
0.6
0.6
0.59
0.6
0.59
0.58
0.59
0.57
0.52
0.588
1961
0.49
0.49
0.46
0.44
0.48
0.49
0.48
0.48
0.47
0.46
0.48
0.54
0.48
1962
0.46
0.49
0.44
0.46
0.47
0.47
0.46
0.46
0.45
0.44
0.44
0.45
0.458
1963
0.5
0.54
0.53
0.56
0.61
0.56
0.52
0.52
0.55
0.58
0.57
0.57
0.551
1964
0.55
0.51
0.51
0.48
0.48
0.5
0.51
0.5
0.51
0.51
0.52
0.5
0.507
1965
0.47
0.42
0.35
0.35
0.33
0.29
0.26
0.33
0.36
0.37
0.4
0.46
0.366
1966
0.47
0.47
0.49
0.53
0.51
0.53
0.58
0.57
0.5
0.51
0.5
0.55
0.518
1967
0.57
0.61
0.6
0.58
0.57
0.58
0.57
0.59
0.62
0.61
0.64
0.65
0.599
1968
0.65
0.63
0.62
0.63
0.62
0.61
0.63
0.65
0.77
0.83
0.97
1.02
0.719
1969
0.94
0.91
0.9
0.88
0.81
0.89
0.93
0.91
0.9
0.92
0.93
0.85
0.897
Cocoa (ICE New York and London average) monthly prices, 1970s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1970
0.68
0.68
0.68
0.68
0.68
0.68
0.68
0.68
0.68
0.68
0.68
0.68
0.68
1971
0.54
0.54
0.54
0.54
0.54
0.54
0.54
0.54
0.54
0.54
0.54
0.54
0.54
1972
0.64
0.64
0.64
0.64
0.64
0.64
0.64
0.64
0.64
0.64
0.64
0.64
0.64
1973
1.13
1.13
1.13
1.13
1.13
1.13
1.13
1.13
1.13
1.13
1.13
1.13
1.13
1974
1.56
1.56
1.56
1.56
1.56
1.56
1.56
1.56
1.56
1.56
1.56
1.56
1.56
1975
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1.25
1976
1.4
1.43
1.42
1.64
1.77
1.92
1.96
2.12
2.39
2.59
2.93
2.98
2.05
1977
3.45
3.82
4.03
3.59
3.78
4.25
4.36
3.97
3.85
3.69
3.48
3.19
3.79
1978
2.98
2.83
3.38
3.44
3.14
2.99
3.16
3.36
3.75
3.83
4.03
3.95
3.4
1979
3.66
3.5
3.4
3.25
3.36
3.48
3.25
3.14
3.22
3.06
3.02
3.19
3.29
Cocoa (ICE New York and London average) monthly prices, 1980s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1980
3.17
3.24
3.09
2.91
2.59
2.5
2.46
2.31
2.39
2.31
2.17
2.11
2.6
1981
2.09
2.04
2.12
2.11
1.93
1.66
2.05
2.25
2.36
2.17
2.06
2.11
2.08
1982
2.19
2.09
1.95
1.74
1.72
1.55
1.56
1.55
1.69
1.63
1.54
1.63
1.74
1983
1.78
1.94
1.87
1.88
2.07
2.3
2.3
2.3
2.15
2.1
2.22
2.54
2.12
1984
2.62
2.5
2.53
2.54
2.68
2.49
2.21
2.21
2.31
2.26
2.26
2.14
2.4
1985
2.22
2.27
2.23
2.24
2.13
2.09
2.21
2.27
2.35
2.36
2.3
2.38
2.25
1986
2.32
2.23
2.11
1.99
1.91
1.91
2.02
2.07
2.21
2.07
2.02
1.98
2.07
1987
1.97
1.96
2.01
2.07
2.07
2
2.12
2.02
1.99
1.91
1.93
1.9
2
1988
1.97
1.8
1.69
1.65
1.71
1.62
1.61
1.45
1.24
1.3
1.47
1.5
1.58
1989
1.43
1.48
1.41
1.29
1.21
1.25
1.35
1.29
1.14
1.06
1.01
0.97
1.24
Cocoa (ICE New York and London average) monthly prices, 1990s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1990
0.99
1.03
1.13
1.33
1.44
1.32
1.35
1.29
1.37
1.31
1.35
1.3
1.27
1991
1.24
1.21
1.21
1.15
1.06
1.04
1.03
1.14
1.27
1.3
1.31
1.37
1.19
1992
1.28
1.19
1.13
1.04
0.99
0.97
1.1
1.18
1.13
1.07
1.08
1.03
1.1
1993
1.04
1
0.98
1.01
1
0.99
1.06
1.1
1.27
1.29
1.32
1.36
1.12
1994
1.26
1.23
1.31
1.24
1.38
1.46
1.55
1.55
1.49
1.45
1.44
1.4
1.4
1995
1.47
1.51
1.49
1.46
1.45
1.44
1.36
1.41
1.4
1.39
1.44
1.38
1.43
1996
1.35
1.37
1.34
1.46
1.52
1.54
1.5
1.5
1.48
1.48
1.47
1.47
1.46
1997
1.43
1.37
1.52
1.57
1.57
1.69
1.68
1.65
1.77
1.74
1.7
1.74
1.62
1998
1.67
1.64
1.72
1.72
1.78
1.72
1.72
1.68
1.69
1.65
1.6
1.52
1.68
1999
1.46
1.41
1.31
1.18
1.07
1.16
1.11
1
1.06
1.02
0.92
0.92
1.14
Cocoa (ICE New York and London average) monthly prices, 2000s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2000
0.92
0.86
0.93
0.91
0.92
0.95
0.97
0.89
0.88
0.88
0.88
0.89
0.907
2001
1
0.89
1.12
1.08
1.08
0.97
0.97
1.03
1.02
1.08
1.23
1.34
1.07
2002
1.39
1.49
1.59
1.57
1.6
1.66
1.87
1.96
2.16
2.2
1.81
2.03
1.78
2003
2.18
2.28
1.95
1.92
1.74
1.57
1.56
1.55
1.64
1.48
1.51
1.63
1.75
2004
1.63
1.57
1.5
1.44
1.42
1.4
1.56
1.73
1.55
1.48
1.66
1.66
1.55
2005
1.55
1.63
1.76
1.59
1.51
1.54
1.49
1.48
1.5
1.46
1.44
1.51
1.54
2006
1.57
1.55
1.55
1.55
1.6
1.61
1.68
1.62
1.57
1.53
1.58
1.71
1.59
2007
1.7
1.82
1.92
1.98
2
2.02
2.16
1.91
1.93
1.91
1.97
2.11
1.95
2008
2.2
2.5
2.73
2.61
2.68
3
2.97
2.82
2.7
2.27
2.05
2.39
2.58
2009
2.63
2.65
2.51
2.56
2.48
2.7
2.79
2.96
3.14
3.37
3.38
3.5
2.89
Cocoa (ICE New York and London average) monthly prices, 2010s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2010
3.53
3.28
3.09
3.22
3.18
3.23
3.23
3.07
2.88
2.93
2.91
3.06
3.13
2011
3.16
3.47
3.39
3.13
3.07
3.02
3.17
3.06
2.87
2.68
2.53
2.2
2.98
2012
2.31
2.36
2.36
2.27
2.31
2.26
2.35
2.51
2.62
2.46
2.48
2.41
2.39
2013
2.28
2.2
2.15
2.29
2.34
2.28
2.31
2.48
2.62
2.73
2.76
2.82
2.44
2014
2.82
2.99
3.04
3.05
3.03
3.17
3.2
3.27
3.21
3.1
2.91
2.95
3.06
2015
2.92
2.96
2.88
2.87
3.1
3.24
3.33
3.15
3.28
3.2
3.36
3.35
3.14
2016
2.95
2.92
3.07
3.08
3.1
3.12
3.05
3.03
2.88
2.71
2.48
2.3
2.89
2017
2.19
2.03
2.06
1.96
1.98
2
1.99
1.99
2
2.1
2.13
1.92
2.03
2018
1.95
2.12
2.5
2.62
2.66
2.41
2.36
2.17
2.19
2.13
2.19
2.21
2.29
2019
2.26
2.26
2.2
2.33
2.32
2.41
2.42
2.19
2.31
2.44
2.52
2.44
2.34
Cocoa (ICE New York and London average) monthly prices, 2020s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2020
2.6
2.72
2.34
2.27
2.32
2.23
2.1
2.35
2.46
2.29
2.36
2.41
2.37
2021
2.39
2.41
2.46
2.37
2.41
2.37
2.33
2.48
2.56
2.57
2.39
2.38
2.43
2022
2.47
2.55
2.46
2.46
2.37
2.32
2.24
2.32
2.3
2.31
2.41
2.51
2.39
2023
2.62
2.65
2.75
2.88
2.96
3.17
3.39
3.46
3.61
3.63
4.03
4.21
3.28
2024
4.4
5.56
7.09
9.74
7.54
8.27
7.09
6.88
6.52
6.66
7.89
10.32
7.33
2025
10.75
9.86
8.08
8.15
8.99
8.4
7.37
7.6
7.03
5.95
5.61
5.78
7.8
2026
4.97
3.59
3.24
3.4
4.16
4.4
5.61
5.95
4.42
Method
Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.
Cite as: Commodity Origins, "Cocoa price history (1960–2026)", https://commodityorigins.com/prices/cocoa/, data 2026-09-02. Data updated 6 September 2026.