ICCO - International Cocoa Organization

10/16/2025 | Press release | Distributed by Public on 10/16/2025 08:37

Cocoa Market Report for September 2025

Abidjan, 16 October 2025 - The International Cocoa Organization releases the Cocoa Market Report for September 2025. The current report highlights the following insights:

Cocoa prices continued to fall in September 2025, extending the downward trend from August. This was driven by a more optimistic supply outlook, supported by:

  • Expanded production in Ecuador
  • Better weather in West Africa
  • Higher farm gate prices

A global surplus is expected for the 2025/26 season, not just due to increased output but also weaker demand, which remains slow to recover after previous price spikes. However, structural issues in West Africa still pose risks, suggesting that optimism should be cautious.

You can download the complete report by clicking here.

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