Investment Times

Cocoa price per tonne has reached its highest level for 6 months, exceeding 10,000 USD/tonne. An increase of 50% on the previous month! In December 2024, cocoa prices rose by 50% compared with the previous month.The price of a ton of cocoa beans reached its highest level for 6 months, exceeding US$ 10,000/ton.Highly concentrated supply and growing demandFour countries account for 75% of world production, mainly in West Africa. More specifically, Côte d'Ivoire and Ghana, which account for 58% of this production, have recently suffered from unfavorable weather conditions, resulting in a drop in production that is not covered by...