International cocoa bean prices have dropped to their lowest level in the last two years, but banks warn that the market is "oversupplied," which could generate short-term turbulence.
Raluca Ioana Draghici
Economy
unsplash.com
Always see our news on Google
Cocoa bean prices have dropped significantly, reaching $6,090 per ton, the lowest level in 2024, after a record increase last year. The rise in prices was influenced by difficult agricultural conditions, but recently, the governments of Côte d'Ivoire and Ghana have raised the minimum price paid to farmers, reducing supply pressure. Analyzing speculative trends, banks warn that the market is extremely oversold, which could lead to a sharp rebound in prices.
Sources
Latest News
15:39
Lithuanian officials suspect that Russia plans to use drones captured from Ukrainians for provocations in the Baltic region
15:34
The GDP of the European Union was estimated at 18.8 trillion euros in 2025, while Romania's economy was estimated at 380 billion euros, representing 2% of the total GDP.
15:27
A national operational center in the energy sector will be created to manage the energy crisis / Ilie Bolojan: "Citizens will not be limited or disconnected"
15:25
The government approved three memorandums for the filling of 402 vacant positions in Transgaz, Transelectrica, and Hidroelectrica, necessary for the security of the national energy system.
15:14
Users who purchase road tax online may incur significant additional fees. CNAIR recommends purchasing only from the official portal.
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
