Cocoa Prices Soar on Index Buying, Tight Supplies
Update: 2025-12-23
Description
Cocoa prices surge as cocoa futures join Bloomberg Commodity Index, US port inventories hit low, Ivory Coast farmers ship nearly flat from last year, Hersheys CEO reports disappointing Halloween sales, Asia and Europes cocoa grindings drop, International Cocoa Organization cuts production estimates, Nigeria expects eleven percent drop in next crop, EU deforestation law delay keeps supplies flowing, tightening global stocks and index buying hopes keep prices firm.
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