Cocoa has fallen nearly 50%, entering a six-week downtrend as global stocks rise and demand softens. StoneX forecasts a 287,000 MT surplus for 2025/26, while Rabobank expects 250,000 MT. International Cocoa Organization reports stocks up 4.2% y/y. Producers are adjusting: Ghana
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Cocoa has fallen nearly 50%, entering a six-week downtrend as global stocks rise and demand softens. StoneX forecasts a 287,000 MT surplus for 2025/26, while Rabobank expects 250,000 MT. International Cocoa Organization reports stocks up 4.2% y/y. Producers are adjusting: Ghana