Cocoa futures jump above $6,200/tonne to 2-month high
Cocoa futures rose above $6,200 per tonne to the highest level since July 9, as traders reassessed West Africa supply prospects for the next season.
Cocoa futures jumped above $6,200 per tonne, reaching the highest since July 9, as traders reassessed supply prospects for the West African next season.
While the 2025/26 season benefited from stronger-than-expected production, concerns are mounting that the upcoming 2026/27 main crop will be significantly weaker.
Production forecasts for major growers Ivory Coast and Ghana have already been reduced, while climate risks are adding to concerns over the next crop.