Dollar Strength Weighs on Cocoa Prices

PNG cocoa information goes mobile - Devpolicy Blog from the Development Policy Centre

Global cocoa prices have risen sharply in recent years owing to supply issues, principally cocoa disease and climate change, in major producer countries like Côte d’Ivoire and Ghana. As of 27 May 2025, cocoa was priced at around US$9,770.87 per tonne, the highest in over 40 years (Figure 1). Cocoa farmers in Papua New Guinea are cashing in, as cocoa export revenues continue to reach record highs. So far in 2025, PNG has already earned PGK1.2 bil…

In St. Augustine, sweet treats may be harder to find - and more expensive

As demand for chocolate rises and global cocoa yields remains low, many favorite treats in Northeast Florida from candy to baked goods are becoming more expensive and harder to source.  Over the past few years, global cocoa supply has taken a hit due to climate factors such as weather and disease.   The squeeze is starting to hit home at local chocolate shops and candies stores in the region. One shop in particular, Passport Sweets of St. August…

Dollar Strength Weighs on Cocoa Prices

September ICE NY cocoa (CCU25 ) today is down -121 (-1.48%), and September ICE London cocoa #7 (CAU25 ) is down -42 (-0.77%) Cocoa prices are under pressure today from a stronger dollar after the dollar index (DXY00 ) rose to a 1.5-week high. However, losses in London cocoa were...