Abidjan, 24 April 2023 – The International Cocoa Organization releases the Cocoa Market Report for March 2023. The current report highlights the following insights:
- Halfway through the 2022/23 cocoa year, prices of the first position of cocoa futures were broadly higher year-on-year on both the London and New York markets.
- Despite their declining trend compared to the levels seen at the start of the 2022/23 cocoa year, stocks of cocoa beans held in ICE Futures licensed warehouses in Europe and the United States are high compared to the previous season.
You can download the complete report by clicking here.