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Story perspectives

Cocoa Prices Plummet Amid Surging Ghana Deliveries

10/6/2025

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Story summary
  • Cocoa prices fell to multi-month lows, with NY down 4.49% and London 4.99%.
  • Ghana deliveries rose to 50,440 MT from 11,000 MT last year, pressuring prices.
  • US port inventories are at a 5.25-month low, while Nigeria's production is projected to fall 11% to 305,000 MT.
  • International Cocoa Organization (ICCO) projects a 142,000 MT 2024/25 surplus, first in four years.