Cocoa Prices Decline Amid Ghana Production Gains and Market Volatility

Cocoa Prices Decline Amid Ghana Production Gains and Market Volatility

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/cocoa-prices-decline-amid-ghana-production-gains-and-market-volatility/Cocoa futures have retreated approximately 15% since mid-June peaks, with New York ICE September contracts settling near $8,000 per tonne by July 3. The correction follows Ghana COCOBOD’s projection of an 8.3% annual production increase to 650,000 metric tons for the 2025/26 se…

Cocoa Prices Continue Lower on Outlook for Higher Cocoa Output in Ghana

September ICE NY cocoa (CCU25 ) on Thursday closed down -124 (-1.51%), and September ICE London cocoa #7 (CAU25 ) closed down -104 (-1.88%) Cocoa prices on Thursday extended this week's selloff, with NY cocoa posting a 2.5-month low and London cocoa posting a 7.5-month low. Cocoa prices were weighed...

Can chocolate substitutes step in as cocoa prices soar?

As Hershey and other confectionery giants continue to navigate higher costs, startups and ingredient suppliers are looking to scale alternative options to help manage the volatility.