The Business Times
business-time-50
OUTLOOK 2025

Tight supply expected to provide support for cocoa, coffee prices in 2025

The agri-commodities have been drastically impacted by this year’s El Nino phenomenon, the most severe in nearly a decade

Mia Pei

Mia Pei

Published Sat, Dec 14, 2024 · 05:00 AM
    • Given the extreme situation facing cocoa stock, even small supply disruptions in 2025 could ripple into huge price volatilities, says Jonathan Parkman of Marex.
    • Given the extreme situation facing cocoa stock, even small supply disruptions in 2025 could ripple into huge price volatilities, says Jonathan Parkman of Marex. PHOTO: REUTERS

    PRICES of agricultural commodities cocoa and coffee are expected to ease from historical highs recorded in 2024, but remain elevated amid supply disruptions.

    The El Nino phenomenon this year was the most severe in almost a decade, which had a drastically negative impact on global cocoa and coffee production.

    Jonathan Parkman, head of agricultural sales at commodities broker Marex, noted that the Ivory Coast and Ghana had both oversold the amount of cocoa they had produced.

    Market outlookcocoaCoffeeAgriculture/Farming

    TRENDING NOW

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    HDB said the listed price of S$2.18 million for the flat at 93B Telok Blangah Street 31 was “significantly higher” than comparable transactions in the area.

    HDB reviewing ‘jumbo’ flat scheme after Telok Blangah unit listed for sale at S$2.18m

    Japan becomes more valuable to Asean partners when that alliance increases Japanese capabilities without limiting its other relationships in Asia.

    What role can Japan play in Asean’s future?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More