Cocoa increased 426 USD/MT or 16.38% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Historically, Cocoa reached an all time high of 5379 in July of 1977. Cocoa - data, forecasts, historical chart - was last updated on June of 2023.
Cocoa is expected to trade at 3087.73 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3280.49 in 12 months time.