Cocoa Price Crash Spurs Hopes for Demand Recovery, Cheaper Candy

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Confectionery makers are looking into cocoa-free chocolate alternative solutions.The collapse in cocoa futures is stoking optimism among some industry players that the pace of processing will improve as cheaper beans filter through the supply chain, easing the price of candy bars.Companies, even now, are still working through pricey stock or following tweaked recipes that use less cocoa after a historic rally in 2024 reshaped the chocolate industry. The demand destruction that followed, coupled with decent harvests, has boosted prospects for a larger-than-expected surplus and has pushed the most-active New York cocoa contract down about 75% from its record.