Increase in cocoa prices in international markets reaches its sixth month
While supply concerns persist in commodity markets due to geopolitical risks and climatic factors, the price per ton of cocoa increased by 25.5 percent last month to reach $6,771, carrying the upward trend into its sixth month.
While activity is observed in agricultural products alongside supply concerns caused by geopolitical tensions and climatic factors in international markets, the price of cocoa per ton rose by 25.5 percent last month to reach the level of $6,771, carrying its rise into the sixth month.
General Situation in Commodity Markets
While geopolitical risks and climatic factors led to supply concerns in the commodity market, noteworthy increases were observed in agricultural group products last month.
Increases were recorded in the prices of wheat, corn, soybeans, and rice on the Chicago Board of Trade.
Six-Month Rise in Cocoa Prices
The needle turned in the opposite direction this year in cocoa prices, which had experienced a sharp decline last year.
The price of cocoa per ton in international markets increased by 25.5 percent last month to $6,771, carrying its rise into the sixth month.
Expert Evaluations and Risks
Intesa Sanpaolo Senior Commodity Economist Daniela Corsini listed energy costs and climate issues among the reasons for the increase.
Rabobank Commodity Analyst Oran van Dort stated that concerns regarding the 2026-2027 production and the slow crop development in Ivory Coast and Ghana were influential in the rally.