Cocoa Breaking News
ICCO Revises 2024/25 Cocoa Outlook: Global Surplus Returns as Production Rebounds
Metric2023/24 Actual2024/25 Previous Estimate2024/25 Revised EstimateYOY ChangeWorld production4.362 mln t4.698 mln t4.728 mln t+366 kt / +8.4% (International Cocoa Organization)World grindings4.810 mln t4.604 mln t4.606 mln t−204 kt / −4.2% (International Cocoa Organization)Surplus/(Deficit)−492 kt+49