Cocoa Futures at Over 2-Week High

2025-10-22 13:18 By Luisa Carvalho 1 min. read

Cocoa futures rose past $6,200 per tonne, reaching the highest level in over two weeks, amid supply concerns in top grower Ivory Coast.

Dealers pointed to a slow start to the Ivory Coast’s main crop and concerns over poor-quality beans at ports, even as the market braces for a potential second consecutive surplus.

The country was already struggling with quality issues in the 2024-25 season that ended in September.

Traders warned that the situation could worsen, as the recent hike in farmgate prices—intended to accelerate bean deliveries—may prompt farmers and middlemen to mix inferior mid-crop stocks into the new main crop.

Meanwhile, Ghana’s agriculture minister said cocoa production for the 2025/26 season, which began this month, is likely to exceed the government’s initial projection of 650,000 tonnes, supported by favorable weather and ongoing crop rehabilitation efforts.



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