Cocoa Crash: Why Your Chocolate Bar Might Get Cheaper This Spring
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This is your Daily Cocoa Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to Daily Cocoa Price Tracker with Vanessa Clark. Im your host Vanessa, and today were diving into the latest on cocoa prices, futures trends, and what it all means for you chocolate lovers and market watchers.
Right now, the spot cocoa price sits around 3750 to 3776 US dollars per tonne, down over 1 percent today and a whopping 31 percent in the past month alone, according to Trading Economics. Thats a huge drop from the peaks we saw last year, with New York March futures closing at 3778 on February 10th after heavy liquidation, per Cocoa Intel. London futures followed suit, with March at 2758 pounds. Volumes spiked big time, showing real selling pressure as traders unwind positions.
Why the plunge? Plenty of unsold beans piling up in Ivory Coast and Ghana, good rains boosting next harvests, and forecasts from TRS and StoneX pointing to global surpluses of over 100 thousand tonnes for 202526. Demand is soft too, with chocolate makers like Barry Callebaut cutting volumes amid high costs, and grindings down in Asia. US certified stocks jumped to over 1.8 million bags, adding more weight.
But hey, heres your takeaway: if youre a small chocolate maker or home baker, these lower prices could be your chance to stock up or experiment with richer recipes before any rebound. Watch for a short-term bounce toward 3820, but the downtrend rules unless we break 3900.
Thanks for joining me on Daily Cocoa Price Tracker. Subscribe, tune in tomorrow for fresh cocoa updates, and keep savoring that sweet life!
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