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Cocoa Prices Plummet as West Africa Weather Supports Crops

12/16/2025

37 6 Full Breakdown

Summary

Story summary

Cocoa prices declined on December 15, 2025, with March ICE NY down 6.42% and London down 7.05%.
Favorable weather in West Africa, particularly in the Ivory Coast and Ghana, supported crop development.
Ivory Coast arrivals reached 895,544 MT this marketing year, pressuring prices.
Nigeria's 2025/26 cocoa production is projected to fall 11% as global output rises 7.4% in 2024/25.

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Story summary

Cocoa prices declined on December 15, 2025, with March ICE NY down 6.42% and London down 7.05%.
Favorable weather in West Africa, particularly in the Ivory Coast and Ghana, supported crop development.
Ivory Coast arrivals reached 895,544 MT this marketing year, pressuring prices.
Nigeria's 2025/26 cocoa production is projected to fall 11% as global output rises 7.4% in 2024/25.