Each day the ICCO daily price for cocoa beans is placed on this website.
Under the terms of the 2001 International Cocoa Agreement, the ICCO monitors the evolution of the cocoa market and publishes a daily price for cocoa beans. The price is expressed in Special Drawing Rights (SDRs) per tonne. The ICCO daily price for cocoa beans is calculated using the average of the quotations for cocoa beans of the nearest three active future trading months on the London terminal market at NYSE/LIFFE and on the New York terminal market ICE at the time of the close of the London market.
LIFFE, the London International Financial Futures and Options Exchange, includes information on the price of cocoa on its own website: https://globalderivatives.nyx.com/contract/content/29105/contract-specification
ICE also has information available on its website at https://www.theice.com/productguide/ProductDetails.shtml?specId=7
Cocoa bean prices can also be obtained by subscribing to news services such as:
Dow Jones at http://www.djindexes.com/commodity/
Thomson Reuters http://uk.reuters.com/business/commodities/softs#cocoa
International Cocoa Organization
London W5 1YY
Tel: +44 (0)20 8991 6000
Fax: +44 (0)20 8997 4372
The ICCO International Cocoa Agreement is available to download in Acrobat PDF format.
The procedures for becoming a member of the International Cocoa Organization are provided in Articles 52 to 57 of the International Cocoa Agreement, 2010.