Major cocoa producers to meet on price volatility

Major cocoa-producing countries, representing nearly 95% of global production within the International Cocoa Organization ICCO, will hold a virtual meeting on April 8 and 9 to address the volatile global cocoa market. This announcement was made on March 31, 2026, in Abidjan-Cocody by Aly Touré, Côte d’Ivoire's Permanent Representative to International Commodity Organizations, based in London. A larger in-person meeting is planned for June in Brussels. The discussions will focus on the decline in cocoa prices, which significantly impacts the economies of producing countries and farmers' incomes, particularly in West Africa, the world's main production basin. Participants aim to identify concrete short-term and long-term solutions to support producers and stabilize prices. Key challenges include ensuring greater market transparency, with grinding volume as a central analytical point, and achieving equity in the value chain. This meeting also serves as a message of solidarity, reaffirming support for cocoa producers across Africa, Asia, and the Americas facing increasing challenges in an uncertain economic environment.