Couverture de Cocoa's Big Drop: Why Your Chocolate Bill Might Finally Catch a Break

Cocoa's Big Drop: Why Your Chocolate Bill Might Finally Catch a Break

Cocoa's Big Drop: Why Your Chocolate Bill Might Finally Catch a Break

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 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 Vanessa Clark. I'm your host Vanessa, and today we're diving into the latest on cocoa prices, what's driving the market, and some smart tips to help you navigate this wild ride.

Right now, cocoa is trading at about 3683 US dollars per tonne, up just a tiny 0.28 percent from yesterday. Trading Economics reports this as the current spot, but keep in mind it's been a steep drop overall, down 27.6 percent in the past month and a whopping 64 percent from last year. Prices have plunged below 3700 dollars per tonne, hitting near lows not seen since October 2023.

What's behind this freefall? Weak global demand is clashing with higher supply. Cocoa arrivals at Ivory Coast ports hit 1.263 million metric tons by early February, down a bit from last season but still building stocks since buyers are staying away. StoneX projects a global surplus of 287 thousand tonnes for the 2025-26 crop year and 267 thousand for the next. Farmers there have good soil moisture and rains coming to boost quality, but poor storage and payment fears are making some hold back on harvesting.

For chocolate lovers and investors, this means potential relief ahead. Manufacturers might ease up on price hikes as costs drop, but watch for quality issues in the supply chain. My takeaway for you: if you're trading cocoa futures or stocking up on chocolate bars, lock in prices now before volatility hits again. Diversify your portfolio with other commodities too, and stay tuned to grindings data for demand clues.

Thanks for joining me today, buddies. Subscribe, share with a friend, and tune in tomorrow for more cocoa updates. Talk soon!

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