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Pro Intelligence Brief

Oil Shock, Middle East Tensions Add Fresh Volatility to Cocoa Markets

Oil Shock, Middle East Tensions Add Fresh Volatility to Cocoa Markets

US confectionery faces ‘three-way squeeze’ as industry prepares to gather in Florida

US confectionery faces ‘three-way squeeze’ as industry prepares to gather in Florida

Cote d’Ivoire Drops Premiums; Ghana Buyers Owe $750m as Prices Slump; Big Five Choc companies announce split

Cote d’Ivoire Drops Premiums; Ghana Buyers Owe $750m as Prices Slump; Big Five Choc companies announce split

Cocoa’s Great Reset: Price Capitulation, Hershey Profits Drop, Touton Takeover Approved

Cocoa’s Great Reset: Price Capitulation, Hershey Profits Drop, Touton Takeover Approved

Image shows sacks of cocoa beans being loaded into a lorry in Ghana.

West Africa’s Cocoa Crisis Deepens As Ghana’s Cocobod Goes Into Financial Meltdown

Barry Callebaut leadership fallout, Mondelēz outlook, and volatile cocoa markets

Barry Callebaut leadership fallout, Mondelēz outlook, and volatile cocoa markets

Côte d’Ivoire Cocoa Crisis Deepens as Port Arrivals Lag and Producer–CCC Tensions Escalate

Côte d’Ivoire Cocoa Crisis Deepens as Port Arrivals Lag and Producer–CCC Tensions Escalate

Weak Grindings, Surplus Signals and Macro Pressures Maintain a Bearish Outlook in Cocoa Price Narrative

Weak Grindings, Surplus Signals and Macro Pressures Maintain a Bearish Outlook in Cocoa Price Narrative

Image shows Under pressure: Yves Brahima Koné, Director General of the Conseil du Café Cacao.

Côte d’Ivoire Cocoa Flows, Market Power, and the Battle for Price Control amid calls for Koné’s Sacking

Q4 2025 Grindings Shock Signals Demand Destruction

Q4 2025 Grindings Shock Signals Demand Destruction

BCOM Rebalancing Inflows Seen Manageable as Ghana Reforms and Surplus Outlook Reinforce Bearish Cocoa Narrative

BCOM Rebalancing Inflows Seen Manageable as Ghana Reforms and Surplus Outlook Reinforce Bearish Cocoa Narrative

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