Cocobod and CCC: Impact on Global Grindings for the 2025-26 Campaign

Cocobod and CCC: Impact on Global Grindings for the 2025-26 Campaign

Côte d'Ivoire and Ghana, two of the world's largest cocoa producers, recently announced joint initiatives through Cocobod and the Cocoa and Chocolate Council (CCC) for the 2025-26 campaign. These efforts aim to improve the sustainability of supply chains and strengthen the position of these countries in the global market. Global cocoa grindings for this campaign are therefore under close watch, as decisions made now will have repercussions on future supply and demand.

The 2025-26 campaign is shaping up to be a pivotal period for the cocoa sector, with growing expectations regarding sustainability and product traceability. Cocoa producers will need to adapt to these new requirements to remain competitive. Meanwhile, cocoa prices in the international market continue to evolve, with prices at £4753 / T on ICE London, marking a significant increase of 8.64%.

Cocobod and CCC's initiatives also aim to enhance cooperation between the two countries by implementing training programs for producers and improving processing infrastructure. These measures should help increase the added value of locally produced cocoa while meeting international market expectations.

Moreover, market players must also consider the impact of European regulations on cocoa derivatives. While this is not the main focus of this analysis, it is crucial to keep in mind that regulations such as the EUDR could influence producers' strategies in the coming years. Indeed, European deforestation regulation may force producers to reassess their practices to ensure they meet new sustainability standards, which could also affect grinding volumes.

In the Cameroonian context, the cocoa market continues to face challenges, particularly in terms of competitiveness compared to its neighbors. Cocobod and CCC's efforts could serve as a model for Cameroon, which could benefit from a similar approach to strengthen its position in the international market. Improving traceability and sustainability could also open new opportunities for Cameroonian producers, allowing them to access niche markets where demand for sustainable cocoa is on the rise.

In conclusion, as Cocobod and CCC prepare for the 2025-26 campaign, it is essential for cocoa producers to adapt to the new market realities. Initiatives aimed at improving sustainability and traceability will be crucial to meet consumer and regulator expectations. Cocoa prices, currently at £4753 / T on ICE London, reflect an evolving market dynamic, and producers must remain vigilant to navigate this complex landscape. (source: ONCC, ICCO)