More scarcity does not unsettle cocoa market

After a significant decline in recent months, cocoa prices are slightly trending upwards again. The scarcity in West Africa is once again becoming central in the market. Last year, this led to an unprecedented price increase. Although the supply seems to be decreasing again, the market's reaction this year remains more moderate for now. A tight market is also expected in Brazil, while other South American producers are benefiting from good harvests.