Cocoa Price Forecast: El Niño Threat Lifts Futures
Cocoa prices surged on Tuesday as traders reacted to growing concerns that an El Niño weather event could threaten global production during the 2026/27 season. The latest cocoa price forecast has turned more bullish in the short term, with supply uncertainty, cautious selling from Ivory Coast, and processor warnings combining
Cocoa Futures Hover Near 2023 Lows as Supply Improves
Cocoa futures remain under pressure near multi-year lows Cocoa futures are trading close to their lowest levels since 2023 as the market continues to price in expectations of better supply from West Africa and weaker global demand. Prices have recently moved in a narrow range around $3,400 per tonne, showing that traders
