Nut and BeansCocoa and coconut prices around Eluru
Both crops

Cocoaకోకో

Dry cocoa beans, per kg. Bought by Mondelez (Cadbury) from farmers around Eluru.

Expected for November 2026

₹221per kg

Likely between ₹144 and ₹298. The range is how far off past forecasts have usually been.

How this number is worked out

  1. World cocoa price, October 2026$5,648 a tonneICE New York futures, average of 7 trading days so far
  2. World price in rupees₹545 per kgAt ₹96.44 to the dollar
  3. Last price paid around Eluru, August 2026₹225
  4. World price change since then-3.6%From ₹565 per kg. Prices around Eluru have followed about half of world moves, so -1.8% is applied
  5. Forecast for November 2026₹221 per kg

Prices around Eluru follow the world cocoa market only loosely. Buyers held them between ₹225 and ₹450 through 2025 and 2026 while the world price swung far more. So the forecast starts from the last known price paid locally and moves it by half of the change in the world price since then, using ICE New York cocoa futures converted to rupees. If a minimum purchase price has been agreed with the buyer, the forecast does not go below it.

Latest prices around Eluru

Checked 12 Oct 2026, 12:39 am

  • Last recorded price paidReportedEluru area. August 2026. ETV Bharat, 6 Aug 2026Reported at ₹200 to ₹250, Eluru
    ₹225per kg
  • World cocoa priceWorld marketICE New York futures. 9 Oct 2026, 10:59 pm. ICE futures via Yahoo Finance$5,671 a tonne at ₹96.78 to the dollar. Exchange price for traded cocoa, not what farmers around Eluru are paid
    ₹549per kg

Forecast against price paid

Prices paid come from 16 news reports, not from Mondelez. Most do not say whether beans were dry or wet, and reports for the same month can differ by ₹50 to ₹150.

  • Forecast
  • Likely range
  • Price paid
₹0₹200₹400₹600₹800₹1,000₹1,200Jan 24Jul 24Jan 25Jul 25Jan 26Jul 26₹221

Forecasts up to October 2026 were worked out afterwards, using only data that existed the month before each one. From November 2026 on, each forecast is saved before its month starts and is not changed after.

How close the forecasts came

Average miss27.3%Across 16 months with a known price
Within 10%2 of 16months
Lean4% highForecasts on average compared with the price

Month by month

MonthForecastLikely rangeForecast madePrice paidMissSource of price paid
November 2026₹221₹144 to ₹298In advance
October 2026₹222₹145 to ₹300Afterwards
September 2026₹363₹236 to ₹490Afterwards
August 2026₹349₹227 to ₹472Afterwards₹22555% highPublished report ETV Bharat, 6 Aug 2026. Reported at ₹200 to ₹250, Eluru
July 2026₹306₹199 to ₹413Afterwards
June 2026₹332₹216 to ₹448Afterwards
May 2026₹296₹192 to ₹400Afterwards₹3001% lowPublished report Sakshi, 16 May 2026. Season beans, Pedavegi
April 2026₹336₹218 to ₹453Afterwards
March 2026₹336₹219 to ₹454Afterwards₹29016% highPublished report Eenadu, 17 Mar 2026; New Indian Express, 12 Mar 2026. Reports range from ₹250 to ₹300 around Eluru
February 2026₹417₹271 to ₹563Afterwards₹35019% highPublished report Sakshi, 7 Mar 2026. Price fixed by three local companies, Eluru
January 2026₹302₹196 to ₹408Afterwards₹40025% lowPublished report The Hindu, 9 Jan 2026. Opened at ₹350, raised to ₹400 after protests, Eluru
December 2025₹293₹190 to ₹395Afterwards₹45035% lowPublished report AP Horticulture Director via AP government fact check, 3 Dec 2025. Stated as the current price
November 2025₹305₹198 to ₹412Afterwards
October 2025₹331₹215 to ₹447Afterwards
September 2025₹417₹271 to ₹563Afterwards
August 2025₹423₹275 to ₹572Afterwards₹35021% highPublished report The Hindu, 8 Aug 2025. Companies cut the price from ₹500 to ₹350
July 2025₹448₹291 to ₹604Afterwards
June 2025₹530₹450 to ₹715Afterwards₹45018% highPublished report The Hindu, 27 Jun 2025. Companies including Mondelez paid ₹450; the state added ₹50 a kg for stock held by farmers, so farmers got ₹500
May 2025₹569₹370 to ₹767Afterwards₹45026% highPublished report Sakshi, 14 May 2025. Buyers led by Mondelez paying ₹450; some farmers report ₹350 to ₹450
April 2025₹553₹359 to ₹746Afterwards₹50011% highPublished report News18 Telugu, 6 Apr 2025. Companies paying ₹450 to ₹550, West Godavari
March 2025₹612₹398 to ₹827Afterwards₹55011% highPublished report The Hindu, 14 Mar 2025; Eenadu, 9 Mar 2025. Reports range from ₹500 to ₹600; companies said to pay ₹600 for new-season beans
February 2025₹637₹414 to ₹860Afterwards
January 2025₹623₹405 to ₹841Afterwards₹6504% lowPublished report Sakshi, 14 May 2025. Opening price of the 2025 season, Eluru
December 2024₹537₹349 to ₹726Afterwards
November 2024₹507₹330 to ₹685Afterwards
October 2024₹554₹360 to ₹748Afterwards
September 2024₹563₹366 to ₹760Afterwards
August 2024₹532₹346 to ₹718Afterwards
July 2024₹572₹372 to ₹772Afterwards
June 2024₹907₹771 to ₹1,043Afterwards
May 2024₹741₹630 to ₹852Afterwards₹55035% highPublished report Andhra Jyothy, 22 May 2024. Settled after the April peak, Pedavegi
April 2024₹343₹292 to ₹395Afterwards₹1,00066% lowPublished report Andhra Jyothy, 22 May 2024. Peak reached by the end of April, Pedavegi
March 2024₹294₹250 to ₹338Afterwards₹65055% lowPublished report The Hindu BusinessLine, 20 Mar 2024. Dry beans, West Godavari grower
February 2024₹370₹315 to ₹426Afterwards
January 2024₹358₹304 to ₹411Afterwards₹25540% highPublished report Andhra Jyothy, 22 May 2024. Price at the start of 2024, Pedavegi
December 2023₹339₹288 to ₹390Afterwards
November 2023₹300₹255 to ₹345Afterwards

Forecasts last updated 12 Oct 2026, 12:39 am. All sources responded.