Cocoa price hits the 10,000 mark

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The ongoing spread of a cocoa bean disease in West Africa continues to disrupt the market. On March 26, the cocoa price hit the $10,000 mark.

The price has surged 136.44% in 2024 by gaining $5,852.45.

In addition, as the markets have been expecting global monetary easing, cocoa has surged as any commodity. The price gains since early 2023 are 281.66% or $7,442.53.
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