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Ivory Coast cocoa slump raises global price fears as production crisis deepens

Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
  • Ivory Coast cuts cocoa contract sales amid forecast production slump
  • Global chocolate prices set for renewed surge as diseases ravage orchards

 

ABIDJAN, IVORY COAST – Ivory Coast expects a steep fall in cocoa output for 2025-26, signalling fresh turmoil in the global chocolate market, officials say.

Ivorian authorities have trimmed forward contract sales to 1.3 million tonnes, down from 1.4 million tonnes last year, in a move aimed at avoiding failures to meet delivery commitments, according to officials at the Coffee and Cocoa Council (CCC).

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