Cocoa Crash: Why Your Chocolate Bar Just Got Cheaper and What West Africa Rain Means for Your Wallet Titelbild

Cocoa Crash: Why Your Chocolate Bar Just Got Cheaper and What West Africa Rain Means for Your Wallet

Cocoa Crash: Why Your Chocolate Bar Just Got Cheaper and What West Africa Rain Means for Your Wallet

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

Hey friends, welcome back to Daily Cocoa Price Tracker with Vanessa Clark. Im your host Vanessa, and today were diving into the latest on cocoa prices, whats driving the market, and some smart tips to stay ahead.

Right now, cocoa futures on ICE are trading below three thousand dollars per tonne, down more than five percent today and hitting levels not seen since May twenty twenty-three. XTB reports this slump comes from weak demand, slowing processing, good weather in West Africa, and hopes for a big harvest ahead. Trading Economics confirms prices eased near three thousand dollars, pressured by plenty of supply and buyers holding back.

Big news from Ivory Coast and Ghana, the worlds top producers. Supplies are piling up because farmers official prices are higher than world levels, so buyers are sitting tight. Ghana just slashed its farmgate price by nearly thirty percent for the twenty twenty-five twenty-six season, and Ivory Coast is eyeing a thirty-five percent cut for the mid-crop starting in April. ADM Investor Services notes Ivory Coasts January grindings dropped two point one percent year-over-year, with cumulative down seven point four percent. ICE inventories hit a five point two five month high at over two million bags.

Trader positioning from the latest CFTC report shows speculators mildly bearish but open interest down five percent, hinting at possible consolidation or a rebound if good news hits. Favorable rains mean better quality crops coming.

For you chocolate lovers and investors, heres your takeaway: with prices low, stock up on cocoa products now before any snapback, but watch West Africa weather closely. If youre trading, those short positions could squeeze on supply surprises.

Thanks for joining me today, friends. Subscribe, tune in tomorrow for more cocoa updates, and keep tracking those prices!

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