All news

Cocoa beans prices drop below $4,000 per ton on ICE first time since November 14, 2023

The futures price lost 5.27% to $3,957 per metric ton

MOSCOW, January 30. /TASS/. Cocoa beans futures with delivery in March 2026 fell below $4,000 per metric ton on the London-based ICE for the first time since November 14, 2023, according to trading data.

The futures price lost 5.27% to $3,957 per metric ton.

The prices declined amid reporting statements on cocoa beans processing, Bloomberg said. The demand for cocoa beans contracted due to a lengthy price rally over the last two years.