Cocoa reaches lowest value in 4 months on the international market

Cocoa futures contracts on the New York Stock Exchange have recently experienced a rebound after a significant drop of nearly 5%, reaching a four-month low. This fluctuation occurs amidst the Easter season, a time of increased chocolate consumption. Rafael Borges, a market intelligence analyst at StoneX, provided insights into the factors influencing cocoa prices, their impact on major producers, and the outlook for global production in an interview with Mercado & Companhia.

Cocoa futures contracts, which last week recorded an accumulated drop of almost 5% and reached their lowest value in four months, have risen again in recent days on the New York Stock Exchange. This scenario occurs at a crucial time for the sector, since the proximity of Easter traditionally drives chocolate consumption. To understand the reasons behind these fluctuations and their impacts on the global market, the “Commodities in Focus” segment, shown in today’s (21) edition of Mercado & Companhia, welcomed Rafael Borges, market intelligence analyst at StoneX. During the interview, he analyzed the ...