|Previous Prices||24 Mar 2017||23 Mar 2017|
|ICCO daily price (SDRs/tonne)||1579.29||1611.84|
|ICCO daily price (US$/tonne)||2152.74||2195.70|
|London futures (£ sterling/tonne)||1725.00||1758.67|
|New York futures (US$/tonne)||2140.00||2177.33|
ICCO constantly follows and analyses the world cocoa market. Each month, recent developments in the market are reviewed together with longer-term trends and forecasts. Any findings resulting from studies and analyses are subsequently translated into recommendations and action. These include initiatives to work in co-operation with governments in cocoa producing countries to improve the provision of cocoa market information to smallholder cocoa farmers.
The Monthly Review of the world cocoa market situation provides an update on developments for the preceding month. It concentrates on prices, but also gives information on recent developments in production, grindings, stocks and prices of semi-finished products. The review also contains the latest estimates of production and grindings for the current season. You can find the latest Monthly Review here.
Each year, the ICCO Secretariat prepares a document on long-term trends in the world cocoa market, including production and consumption. The document also presents analyses of underlying trend factors, such as areas under cultivation, developments in productivity, pest and disease incidences, etc. Ad hoc studies and analyses are also provided on the functioning of the world market as a whole and on selected market aspects. The latest assessments of the movements of global supply and demand are contained on this site.
At least every two years, the ICCO Secretariat prepares an analysis of five-year forecasts on projected developments in the world cocoa economy, covering prices, production, grindings and stocks. These analyses are based on the ICCO econometric model for the world cocoa economy and include production projections in the major cocoa producing countries. Annual forecasts of production and consumption and estimates of stocks and the supply/demand balance in the world cocoa market are contained on this site.