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This is your Daily Cocoa Price Tracker with Vanessa Clark podcast.
Hello and welcome back to the Daily Cocoa Price Tracker. I am your host, Vanessa Clark, here to keep you up to date on everything happening in the world of cocoa, from the latest market news to practical insights on what it all means for traders, businesses, and chocolate lovers everywhere.
It’s Tuesday, November 25, 2025, and cocoa markets continue to grab headlines. As of today, cocoa is trading at around 4,930 to 5,100 dollars per metric ton, reaching its lowest point since January of last year. To put it in perspective, cocoa is down over 20 percent just in the past month, and more than 44 percent lower compared to this time last year. Not long ago, in December 2024, we saw cocoa hit an all-time high of over 12,900 dollars per ton, but those dizzying prices have seriously tumbled.
So, why the steep drop? The core reason is improving supply – especially from West Africa, which is the world’s main cocoa-growing region. Ivory Coast and Ghana, the top producers, have seen a strong uptick in port arrivals, signaling good harvest conditions and a bigger global crop. Favorable weather, with rains supporting healthy tree development, plus carryover stock from previous crops, have all combined to push more cocoa into the market.
Trade and policy news is also shaping prices. One big development: the United States has recently lifted tariffs on imported cocoa and several other tropical agricultural commodities. Ghana stands to benefit in particular, with its cocoa sector now more competitive and farmgate prices for local growers shooting up to over 5,000 dollars per ton. This brings a boost to farmer incomes and could help Ghana reach a forecasted crop of over 650,000 metric tons this season. Similarly, Brazil’s cocoa processors are celebrating the removal of US tariffs, which should gradually restore their exports and support the sector after months of uncertainty.
On the regulatory front, the European Union has postponed the start of stricter deforestation import laws until late 2026. This means more West African and South American cocoa can flow into Europe for a while longer, reducing supply concerns and further easing prices in the short term.
Demand, on the other hand, remains soft. Reports from North America and Asia show notable drops in chocolate consumption and cocoa grindings, which measure how much cocoa is being processed. Weaker demand, especially after quieter Halloween sales and deep declines in Asian market grindings, adds to the downward market pressure seen over the last few weeks.
So, what does this mean for you? If you’re a manufacturer or trader, this period of falling prices offers opportunities to lock in lower supply costs, but beware – inventories are shrinking and volatility could return, especially as West African weather patterns shift toward the dry Harmattan winds. Buyers still need to pay close attention t
This content was created in partnership and with the help of Artificial Intelligence AI.