Increased production forecasts, easing supply concerns drive decline from $12,931 peak… ISTANBUL… Cocoa prices have fallen by more than 30 percent in 2025, reversing the sharp gains seen in global markets last year. After hitting record highs, the commodity has been on a downward trend this year. The price per …
Read More »Cocoa prices hit a record high! What awaits the food industry?
Cocoa prices have hit a record high and continue to rise. How is the industry reacting? What does the future hold for this important commodity that is in demand all over the world? Nidhi Jain Cocoa prices hit a record high in December, reaching $10.32 per kilogram. According to YCharts.com …
Read More »Cocoa hits record price of nearly 13 thousand dollars per tonne!
Tonne price soars more than 200 percent throughout 2024, reaching 12,931 dollars, mainly due to adverse weather in West Africa… December, 2024… Cocoa hit a record of nearly 13,000 dollars per tonne on the Intercontinental Exchange, as sharp fluctuations continue in other commodities, especially in the agricultural group, following President-elect …
Read More »Cocoa prices hit 10 thousand dollars per tonne amid supply and production concerns…
Unfavourable weather conditions, plant diseases cause supply issues, while news of farmers smuggling cocoa beans for profit influence prices upward… ISTANBUL, June, 2024… Cocoa prices have again hit 10,000 dollars per tonne due to supply and production concerns in Ghana. Prices skyrocketed in April because factories in Ghana and the …
Read More »Ahmet Tiryakioğlu: Chocolate production costs are challenging!
Press release… Soaring cocoa prices on the agenda of chocolate exporters… Turkish Food Exporters made evaluations on cocoa prices, which reached a historical peak by exceeding 10,000 dollars per tonne due to factors such as climate change and drought. Ahmet Tiryakioğlu Pointing out that the export of chocolate and cocoa-containing …
Read More »Cocoa prices nearly double on supply concerns in 3-month period!
Prices on New York Mercantile Exchange rises above $9,600 per ton to all-time high… BERLIN… Cocoa prices have nearly doubled in three months to record highs, influenced by the decline in global supply. Prices hit a historic high as weather conditions in West Africa put chocolate producers in a difficult …
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