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اليوم السابع
El Niño Disrupts Coffee and Cocoa Markets
The report observes the impact of the strong "El Niño" climate phenomenon on global coffee and cocoa markets during the fall and winter of 2026-2027, which could lead to disruptions in production and rising prices. Despite a decline of approximately 30% in beverage price indices in 2026, expectations that "El Niño" will reach a severe intensity increase the risks to crops, especially in key countries such as Brazil and West Africa. This poses a continued threat of market volatility and higher consumer costs. Floods, droughts, and rising temperatures have hampered cocoa and coffee production, with forecasts suggesting that extreme weather events will cause disruptions in both this season and the next. These conditions put pressure on the chocolate industry, driving up prices, and indicate that the impacts of climate change are likely to persist in the market despite the temporary dip in prices.
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