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Production or supply of domestic cocoa cannot fulfil the demand for cocoa in domestic and international markets. Furthermore, there were many old cocoa plants, damaged, unproductive and attacked by pests and diseases with mild, medium to serious condition in 2008. Cocoa production still depends on the weather, which can result in the undetermined change of cocoa price. This problem will fluctuate and if this happens continuously then volatility of cocoa price tends to be high. This researchdoi:10.21776/ub.agrise.2019.019.2.6 fatcat:2wwlht5kunaenise4d2guakdfm