The global price of cocoa is nearing 6,000 dollars/tonne, the lowest since February 2024.

The global cocoa price in futures markets continues its downward trend and stands at around 6,000 dollars per ton (approximately 5,158 euros/ton), "the lowest level since February 2024," according to the financial portal Trade Economics. Its decline, after reaching values around 12,000 dollars/ton in April and December 2024, is explained by the "increased optimism about the better crop prospects in West Africa and signs of a decrease in global supply shortages." According to Trade Economics, global production could exceed consumption by about 186,000 tons in 2025/26, more than double last year's surplus, pending the next grinding data for the third quarter to confirm further year-on-year declines in cocoa demand in Europe, North America, and Asia. It has pointed out that prices remain under pressure as the harvest begins in West Africa and, unlike last year, weather conditions seem to be stabilizing, and market participants are already expecting the first arrivals of the new crop. ...