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المشهد العربي
Cocoa market may face deficit due to El Niño
Global cocoa markets are expecting a supply deficit during the 2026-2027 season for the first time in three years, due to the impact of the El Niño climate phenomenon, which damages key nursery crops. Estimates indicate a shortfall of between 300,000 and 400,000 tons, compared to a surplus of around 100,000 tons in the previous season. This deficit is attributed to deteriorating weather conditions affecting production, despite steady demand levels, which threatens to drive prices upward globally. Experts confirm that this situation is putting pressure on the international market and increasing expectations of rising prices in the upcoming season.
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