Coffee (Arabica) vs Cocoa: which is stronger each month?
Coffee (Arabica) has been strongest in November (+3.84%) and weakest in May (-1.29%). Cocoa has been strongest in November (+3.42%) and weakest in October (-2.80%). Coffee (Arabica) had the higher average in 5 of 12 months, and the two pointed the same way in 9 of 12.
Month by month
| Month | Coffee (Arabica) average | Coffee (Arabica) up years | Cocoa average | Cocoa up years | Stronger |
|---|---|---|---|---|---|
| January | +1.68% | 58% | +1.91% | 50% | Cocoa |
| February | +0.50% | 41% | +2.25% | 59% | Cocoa |
| March | -0.54% | 37% | +0.65% | 59% | Cocoa |
| April | +1.48% | 48% | +3.02% | 67% | Cocoa |
| May | -1.29% | 37% | -1.40% | 48% | Coffee (Arabica) |
| June | -0.50% | 48% | +2.15% | 59% | Cocoa |
| July | +1.43% | 56% | +0.92% | 59% | Coffee (Arabica) |
| August | +1.34% | 48% | +2.62% | 58% | Cocoa |
| September | +0.46% | 59% | -1.44% | 52% | Coffee (Arabica) |
| October | -1.10% | 42% | -2.80% | 35% | Coffee (Arabica) |
| November | +3.84% | 58% | +3.42% | 54% | Coffee (Arabica) |
| December | +1.61% | 46% | +2.59% | 58% | Cocoa |
Coffee (Arabica) since 2000, Cocoa since 2000, monthly close to close, as of October 16, 2026. The highlighted row is the current month. Monthly correlation over the last 16 years: 0.20.
More on each market
Questions
What is the best month for Coffee (Arabica)?
Since 2000, November has averaged +3.84% for Coffee (Arabica), higher in 58% of 26 years.
What is the best month for Cocoa?
Since 2000, November has averaged +3.42% for Cocoa, higher in 54% of 26 years.
Do Coffee (Arabica) and Cocoa move together?
Over the last 16 years their monthly moves had a correlation of 0.20, where 1 means they always move together and 0 means no link.
History describes the past. Not investment advice.
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Not investment advice. Market Seasonality publishes historical statistics, news summaries and scenario analysis for information and education. Past patterns do not guarantee future results. Nothing here is a recommendation to buy, sell or hold any asset, and scenarios describe possible paths without predicting them. See the disclaimer and methodology.