{
  "slug": "cocoa-price-heatmap",
  "kind": "heatmap",
  "title": "Cocoa: a decade of monthly price moves",
  "subtitle": "Monthly price changes (%) · 2017–2026",
  "takeaway": "Read each year across the months to find price increases, declines and quiet periods. Retained source prices extend through 2026-08; unavailable months stay grey.",
  "period": "2017-01–2026-08",
  "unit": "Monthly change (%) in the graphic; original price units in the data",
  "publisher": "World Bank · Pink Sheet",
  "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
  "licenseUrl": "https://datacatalog.worldbank.org/public-licenses#cc-by",
  "attribution": "World Bank Commodity Price Data (The Pink Sheet). World Bank, Commodity Price Data (The Pink Sheet), 2026-09-02, https://www.worldbank.org/en/research/commodity-markets. CC BY 4.0. Native selection from the retained Commodity Origins normalization, formatted by World Signals Monitor. Redistribution authorized by the project owner; original publisher metadata is preserved. No publisher endorsement is implied.",
  "retrievedAt": "2026-09-17T17:54:20.263737+00:00",
  "vintage": "94119cf550adb6a87a5e7640aad00e7c214362009c63512a7448222620b8cf40",
  "method": "For each of 120 calendar-month positions, calculate (current price / immediately preceding calendar-month price − 1) × 100. Both prices must be present and the previous price must be positive. The preceding December is retained as a dependency, outside the displayed grid. Source values remain in $/kg; calculated cell values are separate download fields. Colours use common thresholds at −15, −5, 0, +5 and +15 percent; extremes saturate without changing values. Missing, unpublished or invalid changes are grey; reported zero change is neutral.",
  "notes": [
    "Monthly Cocoa benchmark in the original $/kg unit. Each observation preserves its reporting month; no annual averaging or currency conversion.",
    "All 71 retained monthly benchmark series, including a natural-gas index. Labels identifying regions or ports describe price specifications rather than country observations. Original units and currencies are retained; nominal prices are not inflation-adjusted or averaged into annual values. The source vintage ends in August 2026. A missing month is a chart gap.",
    "Values, source flags and notes retain the reviewed snapshot. No new observations are acquired or interpolated."
  ],
  "explorer": "/explore/world-data/monthly-commodity-prices/",
  "rows": [
    {
      "place": "Published price benchmark",
      "code": "BENCHMARK",
      "period": "2016-12",
      "value": "2.3",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2016-12 · original row 7604 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
      "role": "value",
      "unit": "$/kg",
      "displayed": false,
      "originalRow": 7604,
      "originalField": "value",
      "retainedUrl": "/global-data/pinksheet-cocoa.json",
      "plottedValue": null
    },
    {
      "place": "Published price benchmark",
      "code": "BENCHMARK",
      "period": "2017-01",
      "value": "2.19",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-01 · original row 7605 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
      "role": "value",
      "unit": "$/kg",
      "displayed": true,
      "originalRow": 7605,
      "originalField": "value",
      "retainedUrl": "/global-data/pinksheet-cocoa.json",
      "plottedValue": -4.7826086956521685
    },
    {
      "place": "Published price benchmark",
      "code": "BENCHMARK",
      "period": "2017-02",
      "value": "2.03",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-02 · original row 7606 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
      "role": "value",
      "unit": "$/kg",
      "displayed": true,
      "originalRow": 7606,
      "originalField": "value",
      "retainedUrl": "/global-data/pinksheet-cocoa.json",
      "plottedValue": -7.305936073059371
    },
    {
      "place": "Published price benchmark",
      "code": "BENCHMARK",
      "period": "2017-03",
      "value": "2.06",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-03 · original row 7607 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
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      "unit": "$/kg",
      "displayed": true,
      "originalRow": 7607,
      "originalField": "value",
      "retainedUrl": "/global-data/pinksheet-cocoa.json",
      "plottedValue": 1.4778325123152802
    },
    {
      "place": "Published price benchmark",
      "code": "BENCHMARK",
      "period": "2017-04",
      "value": "1.96",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-04 · original row 7608 · value",
      "metricId": "pinksheet-cocoa",
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      "unit": "$/kg",
      "displayed": true,
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      "originalField": "value",
      "retainedUrl": "/global-data/pinksheet-cocoa.json",
      "plottedValue": -4.8543689320388435
    },
    {
      "place": "Published price benchmark",
      "code": "BENCHMARK",
      "period": "2017-05",
      "value": "1.98",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-05 · original row 7609 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
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      "unit": "$/kg",
      "displayed": true,
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      "originalField": "value",
      "retainedUrl": "/global-data/pinksheet-cocoa.json",
      "plottedValue": 1.0204081632652962
    },
    {
      "place": "Published price benchmark",
      "code": "BENCHMARK",
      "period": "2017-06",
      "value": "2.0",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-06 · original row 7610 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
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      "unit": "$/kg",
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      "originalField": "value",
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      "plottedValue": 1.0101010101010166
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    {
      "place": "Published price benchmark",
      "code": "BENCHMARK",
      "period": "2017-07",
      "value": "1.99",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-07 · original row 7611 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
      "role": "value",
      "unit": "$/kg",
      "displayed": true,
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      "originalField": "value",
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      "plottedValue": -0.5000000000000004
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      "place": "Published price benchmark",
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      "period": "2017-08",
      "value": "1.99",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
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      "metricId": "pinksheet-cocoa",
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      "unit": "$/kg",
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      "retainedUrl": "/global-data/pinksheet-cocoa.json",
      "plottedValue": 0
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    {
      "place": "Published price benchmark",
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      "period": "2017-09",
      "value": "2.0",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-09 · original row 7613 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
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      "unit": "$/kg",
      "displayed": true,
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      "originalField": "value",
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      "plottedValue": 0.5025125628140614
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      "place": "Published price benchmark",
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      "period": "2017-10",
      "value": "2.1",
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      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-10 · original row 7614 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
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      "value": "2.13",
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      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-11 · original row 7615 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
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      "unit": "$/kg",
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      "originalField": "value",
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      "plottedValue": 1.4285714285714235
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      "place": "Published price benchmark",
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      "period": "2017-12",
      "value": "1.92",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2017-12 · original row 7616 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
      "role": "value",
      "unit": "$/kg",
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      "originalField": "value",
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      "place": "Published price benchmark",
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      "period": "2018-01",
      "value": "1.95",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2018-01 · original row 7617 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
      "role": "value",
      "unit": "$/kg",
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      "originalField": "value",
      "retainedUrl": "/global-data/pinksheet-cocoa.json",
      "plottedValue": 1.5625
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      "period": "2018-02",
      "value": "2.12",
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      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2018-02 · original row 7618 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
      "role": "value",
      "unit": "$/kg",
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      "originalField": "value",
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      "plottedValue": 8.717948717948731
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      "place": "Published price benchmark",
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      "period": "2018-03",
      "value": "2.5",
      "status": "No flag supplied",
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      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2018-03 · original row 7619 · value",
      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
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      "unit": "$/kg",
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      "originalField": "value",
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      "value": "2.62",
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      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
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      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
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      "unit": "$/kg",
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      "originalField": "value",
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      "plottedValue": 4.800000000000004
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      "place": "Published price benchmark",
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      "value": "2.66",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2018-05 · original row 7621 · value",
      "metricId": "pinksheet-cocoa",
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      "originalField": "value",
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      "place": "Published price benchmark",
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      "value": "2.41",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
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      "metricId": "pinksheet-cocoa",
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      "place": "Published price benchmark",
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      "value": "2.36",
      "status": "No flag supplied",
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      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
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      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
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      "metricId": "pinksheet-cocoa",
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      "unit": "$/kg",
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      "originalField": "value",
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      "place": "Published price benchmark",
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      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
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      "metricId": "pinksheet-cocoa",
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      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
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      "metricId": "pinksheet-cocoa",
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      "unit": "$/kg",
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      "originalField": "value",
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      "place": "Published price benchmark",
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      "value": "2.19",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
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      "metricId": "pinksheet-cocoa",
      "measure": "Cocoa",
      "role": "value",
      "unit": "$/kg",
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      "originalField": "value",
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      "place": "Published price benchmark",
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      "value": "2.21",
      "status": "No flag supplied",
      "sourceNote": "{\"series_code\":\"COCOA\",\"label\":\"Cocoa\",\"unit\":\"$/kg\",\"source_id\":\"pinksheet\",\"vintage\":\"2026-09-02\"}",
      "sourceUrl": "https://www.worldbank.org/en/research/commodity-markets",
      "sourceLocator": "/global-data/pinksheet-cocoa.json · BENCHMARK/2018-12 · original row 7628 · value",
      "metricId": "pinksheet-cocoa",
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      "unit": "$/kg",
      "displayed": true,
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      "originalField": "value",
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      "plottedValue": 0.9132420091324311
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    {
      "place": "Published price benchmark",
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    "metrics": [
      {
        "id": "pinksheet-cocoa",
        "title": "Cocoa",
        "unit": "$/kg",
        "definition": "Monthly Cocoa benchmark in the original $/kg unit. Each observation preserves its reporting month; no annual averaging or currency conversion.",
        "source": {
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          "retrievalBasis": "publisher-retrieval"
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        "json": "/global-data/pinksheet-cocoa.json",
        "csv": "/global-data/pinksheet-cocoa.csv",
        "rows": 800,
        "present": 800,
        "countries": 1,
        "publisher": "World Bank · Pink Sheet",
        "licenseUrl": "https://datacatalog.worldbank.org/public-licenses#cc-by",
        "familyId": "monthly-commodity-prices"
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      "2018-01",
      "2018-02",
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      "2018-05",
      "2018-06",
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      "2018-08",
      "2018-09",
      "2018-10",
      "2018-11",
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      "2019-02",
      "2019-03",
      "2019-04",
      "2019-05",
      "2019-06",
      "2019-07",
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      "2020-02",
      "2020-03",
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      "2020-05",
      "2020-06",
      "2020-07",
      "2020-08",
      "2020-09",
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      "2020-12",
      "2021-01",
      "2021-02",
      "2021-03",
      "2021-04",
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      "2022-02",
      "2022-03",
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      "2024-05",
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      "2026-06",
      "2026-07",
      "2026-08",
      "2026-09",
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      "2026-12"
    ],
    "displayCodes": [
      "BENCHMARK"
    ],
    "caption": "Cell colour shows month-over-month change; source prices retain their original units. Grey means unavailable.",
    "credit": "World Bank · Monthly commodity benchmarks"
  },
  "topic": "Commodity prices"
}