- Cocoa prices fall by about 50% from 2025 peak
- Exporters turn to processing to boost margins
ABUJA, NIGERIA – Nigerian cocoa exporters are accelerating investments in local processing as global prices slump, pushing farmers and traders to seek higher margins beyond raw bean exports.
Cocoa exporters in Nigeria are shifting towards domestic processing after international prices fell by as much as half from last year, traders and farmers said, forcing a rethink of long-standing reliance on raw bean exports.
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