Cocoa Prices Are Soaring Again: The Trend Reversed in 6 Months - Dünya Newspaper
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In cocoa prices, which completed last year with a loss of 48.1 percent, the picture is reversed in 2026. The rise, which began in March, reached 25.5% in August, while the price of tons rose to $6,771, and the series of increases moved to the sixth month 🚆
While the El Nino weather phenomenon causing drought in international markets, supply shortages in West Africa, and the risk of war in the Black Sea are increasing volatility in agricultural commodities, cocoa prices have been rising continuously for six months.
After the sharp decline in the cocoa market last year, the balance is shifting again. The price per ton has been rising continuously for the past six months, reaching $6,771 in August with a 25.5% increase.
The tide has turned for cocoa, which suffered a historic loss last year with a drop exceeding 48 percent. Prices have been rising continuously for six months, increasing by 25.5 percent in the last month alone, reaching $6,771 per ton. As concerns grow that El Nino could impact production in West Africa, analysts are warning that global cocoa supply could return to a deficit between 2026 and 2027.
Geopolitical risks and climatic factors have caused supply concerns in the commodity market, with significant increases seen last month, particularly in agricultural products. Prices per bushel at the Chicago Mercantile Exchange...
In international markets, cocoa prices rose 25.5 percent last month to $6,771, driven by the El Niño effect and concerns about supply shortages in West Africa. This increase marked the sixth consecutive month, while significant rises were also seen in wheat, maize, soybeans, rice, sugar, and cotton due to climatic and geopolitical risks.
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