브라질 스낵 및 제과 인사이트

Heavy rains in West Africa brought flooding that prevented cocoa farmers from accessing their fields, delaying the harvest and sending cocoa prices soaring on global markets on Friday, reaching nearly $7,800 a tonne.

In addition to being the favorite sweet of Brazilians, chocolate produced in Brazil is gaining more and more space in the international market, especially in Arab countries, according to data released by the Arab-Brazilian Chamber of Commerce on Monday (01). With a 4.39% increase in exports in 2024, the Brazilian chocolate market totaled US$ 16.06 million in sales between January and August, despite a slight reduction in the volume exported, which went from 4.54 thousand to 4.43 thousand tons. The average price per ton rose 9.35%, reaching US$ 3,623.84, highlighting the appreciation of the product in the foreign market.

By: Claudemir Zafalon High volatility dominates the sessions leading up to the September contract's physical delivery period, scheduled for August 26. Last week, the cocoa market saw a significant rise, driven by statements from Forecaster Maxar Tech's climate analyst, who indicated that Africa's main producing region is still facing a water deficit due to the significant reduction in rainfall over the last month. This adverse weather scenario led the most active contract, due in December, to reach a price of US$7,525 per ton on Friday, culminating in a weekly gain of over 10%.