Cocoa Surprise: Sweet on America, Bitter Abroad Titelbild

Cocoa Surprise: Sweet on America, Bitter Abroad

Cocoa Surprise: Sweet on America, Bitter Abroad

Jetzt kostenlos hören, ohne Abo

Details anzeigen
ZEITLICH BEGRENZTES ANGEBOT. Nur 0,99 € pro Monat für die ersten 3 Monate. 3 Monate für 0,99 €/Monat, danach 9,95 €/Monat. Bedingungen gelten. Jetzt starten.

Über diesen Titel

 https://www.instagram.com/vanessaclarkipai

This is your Daily Cocoa Price Tracker with Vanessa Clark podcast.

Welcome back to the Daily Cocoa Price Tracker, I’m Vanessa Clark, and it’s Friday, October seventeenth. If you’re tracking cocoa for your investments, research, or just curious about your chocolate’s journey from bean to bar, you’re in the right place for the latest cocoa commodity news and pricing.

Let’s get right to the current market numbers. As of Thursday’s US market close, New York cocoa futures were trading at around six thousand dollars per ton. In London, the latest settled price for cocoa futures was just above four thousand one hundred dollars per ton. These prices reflect ongoing volatility, with cocoa falling from recent highs but bouncing slightly this week as demand signals from North America turned out to be stronger than traders had expected. For example, North American cocoa futures rose about three percent this week, while London contracts climbed about two point nine percent, showing a resilience in the market even as global demand has softened.

North America’s third quarter grind data gave cocoa prices a jolt. The National Confectioners Association surprised analysts by reporting a three point two percent year-on-year increase, reaching nearly one hundred thirteen thousand metric tons processed. This jump was unexpected, especially since many had predicted a five to eight percent decrease. Why the surprise? More plants reporting their grind data partly skewed the numbers higher, but it still signals that manufacturers are stockpiling cocoa, likely in anticipation of busy holiday production.

Meanwhile, in Europe and Asia, cocoa demand is notably weak. Chocolate consumption has slipped and cocoa grinders processed less this quarter, falling almost five percent in Europe and a hefty seventeen percent in Asia. For context, Asia’s third quarter grind was the lowest in nine years.

On the supply side, the big story is the struggle in West Africa, especially the Ivory Coast and Nigeria. Ivory Coast raised its farmgate price to a record two thousand eight hundred CFA francs per kilogram to support farmers, but that high price along with quality concerns has slowed local buying and discouraged exporters. Nigerian production is forecasted to be down eleven percent for the coming crop year, and global cocoa production overall saw a steep drop last season due to crop failures and unpredictable weather. As a result, inventories monitored in US ports have dipped to a six-month low, tightening supply and keeping market watchers on alert for volatility.

For investors and everyone interested in cocoa prices, these factors create uncertainty but also opportunity. The North American market is showing resilience, driven by consumers who want premium, ethical, and innovative cocoa products. Plant-based snacks and cosmetics with cocoa ingredients are expanding demand beyond just confectionery. At the same time, experts suggest keeping an eye on companies diversifying their supply sources beyond West Africa, and those managing risk with careful hedging strategies, as price swings remain a real possibility.

So, what’s the takeaway for today’s cocoa commodity tracker? Cocoa prices are volatile, global demand is mixed, but North America is a bright spot for growth and innovation, and supply risks remain high. If you’re watching cocoa for investing, manufacturing, or just love to know what’s in your chocolate, these are trends to keep on your radar.

Thanks so much for tuning in to Daily Cocoa Price Tracker with Vanessa Clark. Be sure to subscribe, share with your friends, and join me next time for all the latest on cocoa prices, supply chain trends, and everything you need to stay ahead in the cocoa market. Enjoy your weekend, and I’ll see you soon.

For more http://www.quietplease.ai

Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r

This content was created in partnership and with the help of Artificial Intelligence AI
Noch keine Rezensionen vorhanden