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اليوم السابع
Global pressures lower coffee and cocoa prices
Global coffee and cocoa markets experienced mixed performance in September, as bearish expectations of abundant supply and adverse weather conditions pressured cocoa prices, resulting in a weekly decline estimated at around 9-11%. Meanwhile, coffee prices continued to decline due to improved forecasts of increased supplies from Brazil and Vietnam, with Colombian prices remaining stable. Cocoa crops face risks from drought in West Africa, the region responsible for the largest share of supply, which could impact bean quality and next season's production. In contrast, coffee prices are affected by rising stock levels and expected increased output. Both markets exhibit sharp volatility influenced by climatic and economic factors, remaining highly sensitive to weather changes, production, and global inventory developments.
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