The cocoa market is currently experiencing notable price volatility due to adverse weather in major production areas like Ivory Coast and Ghana, limiting supply. Recent market dynamics suggest potential strategic moves among key industry players. Global Cocoa Supply and Price Fluctuations The cocoa market has seen significant fluctuations over recent…
Category: Cocoa Market Weekly Review
A review of the latest news related to the cocoa market.
Cocoa Market News Week in Review – December 01
Cocoa prices have surged due to significant supply challenges, particularly affecting Ivory Coast, with low U.S. stockpiles heightening concerns. Companies are reevaluating strategies as adverse weather may further impact the market. Cocoa Supply Volatility and Pricing Cocoa prices have surged over 40% from October, following a brief decline earlier this…
Cocoa Market News Week in Review – November 24
Global cocoa prices have surged due to fund investments and weather conditions, offering opportunities and challenges for producers like Ghana. Cocoa Price Surge and Market Strategy The recent surge in global cocoa prices presents a pivotal opportunity for cocoa-producing nations like Ghana, driven by increased fund investments and the adverse…
Cocoa Market News Week in Review – November 17
Ghana’s recent increase in cocoa producer prices aims to uplift farmer incomes amidst fluctuating global markets. Cocoa Producer Price Increase Ghana, a leading global cocoa producer, recently announced pivotal changes aimed at boosting the welfare of cocoa farmers and their families. President Nana Akufo-Addo unveiled an upward adjustment in the…
Cocoa Market News Week in Review – November 11
Ghana has announced a new price increase for cocoa producers to sustain farmer incomes amidst global market fluctuations. This aims to strengthen Ghana’s status as a top cocoa exporter. Cocoa Producer Price Increase in Ghana Ghana’s cocoa industry, a pillar of the nation’s economy, has witnessed encouraging developments with President…
Cocoa Market News Week in Review – October 27
Global cocoa markets are experiencing diverse dynamics. Papua New Guinea faces a delayed cocoa harvest, raising local prices. Meanwhile, increased Ivory Coast bean deliveries depress global prices. Confectionery companies react by adjusting product lines. Cocoa Supply and Pricing Dynamics Cocoa production in Papua New Guinea’s East New Britain province is…
Cocoa Market News Week in Review – October 19
The cocoa industry is facing significant challenges due to smuggling, price fluctuations, and changing consumer preferences. In Ghana, smuggling affects economic stability, while globally, high cocoa prices shift confectionery markets towards non-chocolate options. Cocoa Pricing and Smuggling Ghana’s cocoa sector is grappling with an intensifying smuggling crisis, primarily driven by…
Cocoa Market – Last Week’s News – October 13th
The cocoa market is undergoing pivotal changes as West African producers respond to declining yields by raising farmgate prices, influencing global cocoa and chocolate costs. Concurrently, the region’s focus on quality control and combatting smuggling aims to stabilize the market amid regulatory and environmental challenges. Quality Control and Smuggling in…