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Cocoa Crisis and Surplus Forecasts: What Your Chocolate Habit Needs to Know Today
https://www.instagram.com/vanessaclarkipai
This is your Daily Cocoa Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Cocoa Price Tracker with me, Vanessa Clark. Today, were diving into the latest on cocoa prices, supply shifts, and what it all means for your chocolate cravings.
First up, the big number youre here for: Cocoa is trading at 4209.665 dollars per metric ton right now, up 59.665 dollars or 1.44 percent from the last session. Thats according to Cocoa Radar, showing a nice little bounce amid some market jitters. March ICE New York cocoa closed up 0.65 percent, and London cocoa gained 1.01 percent, sparked by a weaker dollar triggering short covering, as Barchart reports.
But heres the scoop on why prices are wobbly. Cotes dIvoire, the worlds top producer, is in a deepening crisis with lagging port arrivals and tensions at the Cocoa Coffee Council. Infocentrale notes judicial summons for key figures and unsold stocks piling up at 123 thousand tons, costing the government over 280 billion CFA francs. Their new Agriculture Minister is stepping in to buy it all back. Plus, farmers there shipped 3.2 percent less cocoa this season so far.
Demand is soft too, with Barry Callebaut seeing a 22 percent drop in cocoa sales volume, and grindings down sharply in Europe, Asia, and flat in North America. Consumers are pushing back on pricey chocolate.
Looking ahead, StoneX forecasts a huge global surplus of 267 thousand metric tons in 2026-27, thanks to more planting from past high prices, and 287 thousand tons next season. Good West African weather is boosting harvests in Ivory Coast and Ghana, though Nigeria expects an 11 percent production dip.
Your takeaway? If youre trading or stocking chocolate makers, watch those surpluses for downward pressure, but holdback by producers could keep things tight short-term. Diversify your snacks or lock in prices now.
Thanks for tuning in, pals. Subscribe, share with your cocoa-loving crew, and catch you next time on Daily Cocoa Price Tracker!
For more http://www.quietplease.ai
Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r
This content was created in partnership and with the help of Artificial Intelligence AI
This is your Daily Cocoa Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Cocoa Price Tracker with me, Vanessa Clark. Today, were diving into the latest on cocoa prices, supply shifts, and what it all means for your chocolate cravings.
First up, the big number youre here for: Cocoa is trading at 4209.665 dollars per metric ton right now, up 59.665 dollars or 1.44 percent from the last session. Thats according to Cocoa Radar, showing a nice little bounce amid some market jitters. March ICE New York cocoa closed up 0.65 percent, and London cocoa gained 1.01 percent, sparked by a weaker dollar triggering short covering, as Barchart reports.
But heres the scoop on why prices are wobbly. Cotes dIvoire, the worlds top producer, is in a deepening crisis with lagging port arrivals and tensions at the Cocoa Coffee Council. Infocentrale notes judicial summons for key figures and unsold stocks piling up at 123 thousand tons, costing the government over 280 billion CFA francs. Their new Agriculture Minister is stepping in to buy it all back. Plus, farmers there shipped 3.2 percent less cocoa this season so far.
Demand is soft too, with Barry Callebaut seeing a 22 percent drop in cocoa sales volume, and grindings down sharply in Europe, Asia, and flat in North America. Consumers are pushing back on pricey chocolate.
Looking ahead, StoneX forecasts a huge global surplus of 267 thousand metric tons in 2026-27, thanks to more planting from past high prices, and 287 thousand tons next season. Good West African weather is boosting harvests in Ivory Coast and Ghana, though Nigeria expects an 11 percent production dip.
Your takeaway? If youre trading or stocking chocolate makers, watch those surpluses for downward pressure, but holdback by producers could keep things tight short-term. Diversify your snacks or lock in prices now.
Thanks for tuning in, pals. Subscribe, share with your cocoa-loving crew, and catch you next time on Daily Cocoa Price Tracker!
For more http://www.quietplease.ai
Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r
This content was created in partnership and with the help of Artificial Intelligence AI
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By Inception Point Aihttps://www.instagram.com/vanessaclarkipai
This is your Daily Cocoa Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Cocoa Price Tracker with me, Vanessa Clark. Today, were diving into the latest on cocoa prices, supply shifts, and what it all means for your chocolate cravings.
First up, the big number youre here for: Cocoa is trading at 4209.665 dollars per metric ton right now, up 59.665 dollars or 1.44 percent from the last session. Thats according to Cocoa Radar, showing a nice little bounce amid some market jitters. March ICE New York cocoa closed up 0.65 percent, and London cocoa gained 1.01 percent, sparked by a weaker dollar triggering short covering, as Barchart reports.
But heres the scoop on why prices are wobbly. Cotes dIvoire, the worlds top producer, is in a deepening crisis with lagging port arrivals and tensions at the Cocoa Coffee Council. Infocentrale notes judicial summons for key figures and unsold stocks piling up at 123 thousand tons, costing the government over 280 billion CFA francs. Their new Agriculture Minister is stepping in to buy it all back. Plus, farmers there shipped 3.2 percent less cocoa this season so far.
Demand is soft too, with Barry Callebaut seeing a 22 percent drop in cocoa sales volume, and grindings down sharply in Europe, Asia, and flat in North America. Consumers are pushing back on pricey chocolate.
Looking ahead, StoneX forecasts a huge global surplus of 267 thousand metric tons in 2026-27, thanks to more planting from past high prices, and 287 thousand tons next season. Good West African weather is boosting harvests in Ivory Coast and Ghana, though Nigeria expects an 11 percent production dip.
Your takeaway? If youre trading or stocking chocolate makers, watch those surpluses for downward pressure, but holdback by producers could keep things tight short-term. Diversify your snacks or lock in prices now.
Thanks for tuning in, pals. Subscribe, share with your cocoa-loving crew, and catch you next time on Daily Cocoa Price Tracker!
For more http://www.quietplease.ai
Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r
This content was created in partnership and with the help of Artificial Intelligence AI
This is your Daily Cocoa Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Cocoa Price Tracker with me, Vanessa Clark. Today, were diving into the latest on cocoa prices, supply shifts, and what it all means for your chocolate cravings.
First up, the big number youre here for: Cocoa is trading at 4209.665 dollars per metric ton right now, up 59.665 dollars or 1.44 percent from the last session. Thats according to Cocoa Radar, showing a nice little bounce amid some market jitters. March ICE New York cocoa closed up 0.65 percent, and London cocoa gained 1.01 percent, sparked by a weaker dollar triggering short covering, as Barchart reports.
But heres the scoop on why prices are wobbly. Cotes dIvoire, the worlds top producer, is in a deepening crisis with lagging port arrivals and tensions at the Cocoa Coffee Council. Infocentrale notes judicial summons for key figures and unsold stocks piling up at 123 thousand tons, costing the government over 280 billion CFA francs. Their new Agriculture Minister is stepping in to buy it all back. Plus, farmers there shipped 3.2 percent less cocoa this season so far.
Demand is soft too, with Barry Callebaut seeing a 22 percent drop in cocoa sales volume, and grindings down sharply in Europe, Asia, and flat in North America. Consumers are pushing back on pricey chocolate.
Looking ahead, StoneX forecasts a huge global surplus of 267 thousand metric tons in 2026-27, thanks to more planting from past high prices, and 287 thousand tons next season. Good West African weather is boosting harvests in Ivory Coast and Ghana, though Nigeria expects an 11 percent production dip.
Your takeaway? If youre trading or stocking chocolate makers, watch those surpluses for downward pressure, but holdback by producers could keep things tight short-term. Diversify your snacks or lock in prices now.
Thanks for tuning in, pals. Subscribe, share with your cocoa-loving crew, and catch you next time on Daily Cocoa Price Tracker!
For more http://www.quietplease.ai
Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r
This content was created in partnership and with the help of Artificial Intelligence AI