| U.S. Spot Prices for Selected Origins of Cocoa Beans and Products | |||||||||||||
| -----------------------Cocoa beans-------------- | --Chocolate liquor-- | --Cocoa butter-- | Cocoa cake | ||||||||||
| Ghana 1/ | Cote d'Ivoire | Brazil | Dom. Rep. | Indonesia | Ecuador | Malaysia | Ecuador | Brazil | African | Other | 10-12% Fat | ||
| Dollars per metric tons | |||||||||||||
| 1992/93 | |||||||||||||
| October | 1,202 | 1,155 | 953 | 935 | 1,083 | 1,049 | 1,466 | 1,583 | 2,548 | 2,631 | 465 | ||
| November | 1,225 | 1,163 | 977 | 947 | 1,144 | 1,061 | 1,522 | 1,619 | 2,604 | 2,692 | 529 | ||
| December | 1,175 | 1,126 | 945 | 916 | 1,106 | 1,025 | 1,492 | 1,577 | 2,480 | 2,570 | 534 | ||
| January | 1,184 | 1,131 | 959 | 917 | 1,102 | 1,033 | 1,510 | 1,596 | 2,487 | 2,571 | 559 | ||
| February | 1,150 | 1,063 | 929 | 870 | 1,055 | 989 | 1,445 | 1,507 | 2,377 | 2,435 | 521 | ||
| March | 1,138 | 1,039 | 914 | 852 | 1,044 | 960 | 1,415 | 1,470 | 2,381 | 2,414 | 526 | ||
| April | 1,165 | 1,062 | 940 | 875 | 1,095 | 987 | 1,465 | 1,515 | 2,468 | 2,493 | 527 | ||
| May | 1,157 | 1,042 | 917 | 853 | 1,075 | 954 | 1,411 | 1,477 | 2,405 | 2,424 | 513 | ||
| June | 1,152 | 1,024 | 919 | 845 | 1,083 | 944 | 1,412 | 1,451 | 2,380 | 2,406 | 502 | ||
| July | 1,173 | 1,095 | 957 | 887 | 1,143 | 983 | 1,534 | 1,528 | 2,451 | 2,494 | 546 | ||
| August | 1,254 | 1,125 | 1,030 | 950 | 1,199 | 1,051 | 1,648 | 1,632 | 2,624 | 2,675 | 587 | ||
| September | 1,408 | 1,279 | 1,183 | 1,099 | 1,349 | 1,203 | 1,841 | 1,894 | 3,001 | 3,063 | 661 | ||
| Average | 1,199 | 1,109 | 969 | 912 | 1,123 | 1,020 | 1,513 | 1,571 | 2,517 | 2,572 | 539 | ||
| 1993/94 | |||||||||||||
| October | 1,465 | 1,254 | 1,135 | 1,057 | 1,289 | 1,172 | 1,809 | 1,826 | 2,960 | 3,010 | 635 | ||
| November | 1,512 | 1,330 | 1,213 | 1,137 | 1,364 | 1,264 | 1,945 | 1,981 | 3,234 | 3,269 | 686 | ||
| December | 1,616 | 1,380 | 1,284 | 1,199 | 1,401 | 1,323 | 2,016 | 2,086 | 3,365 | 3,401 | 719 | ||
| January | 1,501 | 1,291 | 1,195 | 1,110 | 1,313 | 1,246 | 1,866 | 1,941 | 3,088 | 3,127 | 664 | ||
| February | 1,453 | 1,262 | 1,157 | 1,076 | 1,271 | 1,202 | 1,813 | 1,881 | 3,006 | 3,046 | 627 | ||
| March | 1,533 | 1,337 | 1,240 | 1,172 | 1,359 | 1,297 | 1,962 | 2,018 | 3,285 | 3,329 | 614 | ||
| April | 1,450 | 1,259 | 1,174 | 1,098 | 1,273 | 1,225 | 1,860 | 1,895 | 3,091 | 3,127 | 536 | ||
| May | 1,564 | 1,398 | 1,301 | 1,235 | 1,406 | 1,357 | 2,086 | 2,122 | 3,435 | 3,491 | 611 | ||
| June | 1,600 | 1,453 | 1,361 | 1,298 | 1,465 | 1,402 | 2,176 | 2,216 | 3,563 | 3,616 | 646 | ||
| July | 1,697 | 1,532 | 1,453 | 1,390 | 1,559 | 1,502 | 2,325 | 2,368 | 3,754 | 3,827 | 708 | ||
| August | 1,701 | 1,549 | 1,443 | 1,374 | 1,548 | 1,498 | 2,298 | 2,342 | 3,772 | 3,814 | 699 | ||
| September | 1,632 | 1,486 | 1,373 | 1,308 | 1,465 | 1,420 | 2,185 | 2,233 | 3,621 | 3,654 | 647 | ||
| Average | 1,560 | 1,378 | 1,277 | 1,204 | 1,393 | 1,326 | 2,028 | 2,076 | 3,348 | 3,393 | 649 | ||
| 1994/95 | |||||||||||||
| October | 1,596 | 1,437 | 1,327 | 1,265 | 1,418 | 1,382 | 2,100 | 2,137 | 3,582 | 3,572 | 585 | ||
| November | 1,599 | 1,439 | 1,326 | 1,262 | 1,424 | 1,382 | 2,081 | 2,127 | 3,626 | 3,608 | 565 | ||
| December | 1,576 | 1,437 | 1,297 | 1,254 | 1,394 | 1,368 | 2,035 | 2,081 | 3,571 | 3,557 | 523 | ||
| January | 1,652 | 1,526 | 1,372 | 1,334 | 1,481 | 1,453 | 2,159 | 2,197 | 3,791 | 3,759 | 566 | ||
| February | 1,685 | 1,606 | 1,411 | 1,375 | 1,515 | 1,515 | 2,209 | 2,298 | 3,926 | 3,918 | 585 | ||
| March | 1,652 | 1,645 | 1,394 | 1,362 | 1,507 | 1,509 | 2,198 | 2,320 | 3,883 | 3,914 | 599 | ||
| April | 1,629 | 1,646 | 1,384 | 1,353 | 1,487 | 1,492 | 2,187 | 2,298 | 3,826 | 3,881 | 576 | ||
| May | 1,596 | 1,620 | 1,357 | 1,331 | 1,445 | 1,458 | 2,144 | 2,281 | 3,738 | 3,783 | 577 | ||
| June | 1,590 | 1,606 | 1,353 | 1,331 | 1,435 | 1,448 | 2,139 | 2,281 | 3,726 | 3,774 | 577 | ||
| July | 1,518 | 1,531 | 1,286 | 1,270 | 1,366 | 1,376 | 2,024 | 2,147 | 3,569 | 3,634 | 527 | ||
| August | 1,553 | 1,556 | 1,341 | 1,323 | 1,396 | 1,422 | 2,016 | 2,166 | 3,752 | 3,762 | 526 | ||
| September | 1,510 | 1,512 | 1,320 | 1,299 | 1,359 | 1,407 | 1,970 | 2,086 | 3,774 | 3,682 | 514 | ||
| Average | 1,596 | 1,547 | 1,347 | 1,313 | 1,436 | 1,434 | 2,105 | 2,202 | 3,730 | 3,737 | 560 | ||
| 1995/96 | |||||||||||||
| October | 1,516 | 1,512 | 1,336 | 1,307 | 1,357 | 1,425 | 1,975 | 2,089 | 3,756 | 3,739 | 527 | ||
| November | 1,561 | 1,565 | 1,391 | 1,349 | 1,412 | 1,468 | 2,072 | 2,218 | 3,899 | 3,892 | 531 | ||
| December | 1,482 | 1,503 | 1,346 | 1,295 | 1,352 | 1,412 | 1,949 | 2,123 | 3,695 | 3,693 | 501 | ||
| January | 1,454 | 1,478 | 1,321 | 1,279 | 1,331 | 1,375 | 1,966 | 2,076 | 3,602 | 3,604 | 516 | ||
| February | 1,476 | 1,493 | 1,350 | 1,303 | 1,351 | 1,394 | 1,996 | 2,102 | 3,691 | 3,647 | 519 | ||
| March | 1,423 | 1,442 | 1,311 | 1,257 | 1,306 | 1,337 | 1,908 | 2,031 | 3,492 | 3,520 | 501 | ||
| April | 1,536 | 1,554 | 1,419 | 1,368 | 1,416 | 1,458 | 2,080 | 2,226 | 3,832 | 3,892 | 534 | ||
| May | 1,561 | 1,586 | 1,452 | 1,405 | 1,441 | 1,502 | 2,108 | 2,285 | 3,915 | 4,022 | 530 | ||
| June | 1,578 | 1,600 | 1,453 | 1,410 | 1,449 | 1,533 | 2,083 | 2,256 | 3,922 | 3,940 | 507 | ||
| July | 1,553 | 1,569 | 1,424 | 1,385 | 1,420 | 1,495 | 2,059 | 2,203 | 3,833 | 3,850 | 502 | ||
| August | 1,563 | 1,584 | 1,428 | 1,394 | 1,430 | 1,501 | 2,040 | 2,195 | 3,870 | 3,875 | 530 | ||
| September | 1,559 | 1,576 | 1,415 | 1,383 | 1,414 | 1,490 | 2,037 | 2,203 | 3,856 | 3,862 | 530 | ||
| Average | 1,522 | 1,538 | 1,387 | 1,345 | 1,390 | 1,449 | 2,023 | 2,167 | 3,780 | 3,795 | 519 | ||
| 1996/97 | |||||||||||||
| October | 1,580 | 1,582 | 1,425 | 1,391 | 1,445 | 1,498 | 2,061 | 2,242 | 3,909 | 3,912 | 529 | ||
| November | 1,592 | 1,547 | 1,548 | 1,396 | 1,365 | 1,407 | 1,448 | 2,023 | 2,205 | 3,837 | 3,832 | 510 | |
| December | 1,612 | 1,561 | 1,567 | 1,407 | 1,379 | 1,413 | 1,453 | 2,040 | 2,212 | 3,883 | 3,889 | 516 | |
| January | 1,564 | 1,518 | 1,526 | 1,379 | 1,350 | 1,391 | 1,419 | 2,004 | 2,131 | 3,777 | 3,790 | 464 | |
| February | 1,493 | 1,451 | 1,463 | 1,322 | 1,289 | 1,330 | 1,351 | 1,869 | 2,043 | 3,570 | 3,599 | 466 | |
| March | 1,630 | 1,596 | 1,596 | 1,466 | 1,435 | 1,462 | 1,471 | 2,097 | 2,254 | 3,979 | 3,973 | 536 | |
| April | 1,668 | 1,632 | 1,646 | 1,507 | 1,469 | 1,516 | 1,549 | 2,176 | 2,305 | 4,058 | 4,030 | 556 | |
| May | |||||||||||||
| June | |||||||||||||
| July | |||||||||||||
| August | |||||||||||||
| September | |||||||||||||
| Average | 1,593 | 1,555 | 1,561 | 1,415 | 1,383 | 1,423 | 1,456 | 2,039 | 2,199 | 3,859 | 3,861 | 511 | |
| 1/ Ghana, main crop, added with the November 1996 data. Prior data not available. | |||||||||||||
| Source: The Cocoa Merchants' Association. All prices are nominal and are net ex-dock or ex-warehouse, U.S. eastern seaboard north of Hatteras, for merchandise physically available in interstate commerce, in truckload quantities, and in regular commercial quality. | |||||||||||||
| June 1997 | Horticultural and Tropical Products Division, FAS/USDA | ||||||||||||
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