{"id":2411,"date":"2024-06-08T08:11:22","date_gmt":"2024-06-08T08:11:22","guid":{"rendered":"https:\/\/mintecdev.wpengine.com\/?post_type=commodity-category&#038;p=2411"},"modified":"2025-07-16T10:58:00","modified_gmt":"2025-07-16T10:58:00","slug":"cocoa-prices","status":"publish","type":"commodity-category","link":"https:\/\/www.expanamarkets.com\/markets\/tropical-softs\/cocoa-prices\/","title":{"rendered":"Cocoa"},"content":{"rendered":"\n<!-- Hero section template -->\n<header class=\"hero hero-standard theme-lightGreen bg-fn-ModBgLightGreenTheme pt-40 md:pt-64 xl:pt-80 pb-40 md:pb-64 xl:pb-80 small medium large\">\n\t<div class=\"container\">\n\t\t<div class=\"flex flex-col xl:grid grid-cols-2 gap-48 md:gap-64\">\n\t\t\t<div class=\"col-span-2 lg:col-span-1 xl:pr-56 lg:pt-56\">\n\t\t\t\t<div class=\"flex flex-col gap-y-24 \">\n\t\t\t\t\t\t\t\t\t\t<div class='flex flex-col gap-y-24'><h1 class='h1' data-scroll-class='expanaFadeInUp'>Cocoa prices &#038; intelligence<\/h1><p class='text-md font-labgLight leading-140' data-scroll-class='expanaFadeInUp' data-scroll-delay='500'>Cocoa prices are some of the most volatile of all agri-food markets \u2013 a wide range of factors affect cocoa supply, and global demand consistently high, price increases are common. Expana\u2019s cocoa prices, market insights and forecasts allow you to understand this complex landscape, make more informed decisions and improve your margins.<\/p><!-- template-parts\/hero-buttons.php -->\n\n<!-- buttons: start -->\n<div class=\"pt-16 flex flex-col gap-16 md:flex-row \" data-scroll-class=\"expanaFadeInUp\" data-scroll-delay=\"500\">\n  <a href=\"https:\/\/www.expanamarkets.com\/request-a-demo\/\" class=\"btn btn--filled transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24 py-16 bg-coreMidGreen text-white border-coreMidGreen hover:bg-coreMidGreenHover hover:border-coreMidGreenHover inline-flex\" target=\"\" aria-label=\"Request a demo\">Request a demo<\/a><\/div>\n<!-- buttons: end -->\n<\/div>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t  <div class=\"aspect-4\/3 overflow-hidden rounded-12\" data-scroll-class=\"expanaFadeInUp\" data-scroll-delay=\"500\">\n    <img decoding=\"async\" width=\"1201\" height=\"961\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans.jpg\" class=\"w-full h-full object-cover\" alt=\"Cocoa beans sun drying on a farm\" loading=\"lazy\" srcset=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans.jpg 1201w, https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans-1024x819.jpg 1024w, https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans-800x640.jpg 800w, https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans-768x615.jpg 768w, https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans-25x20.jpg 25w, https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans-58x46.jpg 58w, https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans-40x32.jpg 40w, https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans-400x320.jpg 400w, https:\/\/www.expanamarkets.com\/wp-content\/uploads\/topics\/cocoa_beans-120x96.jpg 120w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\" \/>  <\/div>\n\t\t<\/div>\n\t<\/div>\n<\/header>\n\n\n<!-- .module.introduction: start -->\n<div  class=\"module introduction theme-light pt-40 md:pt-64 xl:pt-80 pb-0 hidden show-small:block show-medium:block show-large:block relative z-10\">\n\n\t<div class=\"container md:grid grid-cols-12\">\n\n\t\t<div class=\"content col-span-12 md:col-span-8 \">\n\t\t\t<h2 class=\"h2\" data-scroll-class=\"expanaFadeInUp\">Expana \u2014the IOSCO assured global leader in cocoa commodity prices and global market intelligence<\/h2>\n\t\t\t\t\t\t\t<div class=\"description mt prose\" data-scroll-class=\"expanaFadeInUp\" data-scroll-delay=\"500\">\n\t\t\t\t\t<p>At Expana, we provide much needed transparency into global cocoa markets. Over the past decade, total global production has averaged 4.7 million metric tons. Consumption over that same time period is only slightly below this, meaning that the supply\/demand balance within the cocoa industry is very tight. Add in diseases such as swollen shoot virus and black pod disease, as well as changing rainfall levels and weather patterns, make the cocoa market one of the most volatile of all commodities in the past few years.\u00a0<\/p>\n<p>To track and understand this uncertainty, Expana provides industry-leading cocoa insights:<\/p>\n<ul>\n<li>proprietary semi-finished cocoa product prices on an ex-works basis covering the major components of chocolate and cocoa-flavored products, as well as associated product ratios<\/li>\n<li><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.expanamarkets.com\/our-methodology\/iosco-compliance\/\">IOSCO assured<\/a><\/span> cocoa butter prices<\/li>\n<li>11 forecasted cocoa price series<\/li>\n<li>expert analysis on market defining items in the cocoa industry<\/li>\n<li>reports, webinars and regular market insights, plus real-time news<\/li>\n<li>historical pricing, trends, charting tools, and <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.expanamarkets.com\/product\/features\/cost-model\/\">cost modeling<\/a><\/span><\/li>\n<li>Tropical Research Services, a subsidiary of Expana, offer top-tier cocoa production forecasts and crop tours across major producing nations<\/li>\n<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<!-- .module.introduction: end -->\n\n\n<!-- .module.commodity-wall: start -->\n<div  class=\"module commodity-wall bg-fn-ModBgLightTheme pt-40 md:pt-64 xl:pt-80 pb-0 hidden show-small:block show-medium:block show-large:block overflow-hidden\">\n\t<div class=\"flex flex-col gap-y-24 animate-ticker\" data-scroll-class=\"fadeIn\" data-scroll-delay=\"500\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"relative flex gap-x-32 w-max pr-24 md:pr-32 last:md:hidden translate-x-[20%]\">\n\t\t\t\t\t\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Natural cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\tCocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa ratio\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa differentials\t\t\t<\/div>\n\t\t\t\t\t<div class=\"absolute left-full top-0 w-svw flex gap-24 md:gap-x-32\">\n\t\t\t\t\t\t\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Natural cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\tCocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa ratio\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa differentials\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"relative flex gap-x-32 w-max pr-24 md:pr-32 last:md:hidden -translate-x-[20%]\">\n\t\t\t\t\t\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\tCocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Natural cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa ratio\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa differentials\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t\t\t<div class=\"absolute left-full top-0 w-svw flex gap-24 md:gap-x-32\">\n\t\t\t\t\t\t\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\tCocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Natural cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa ratio\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa differentials\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"relative flex gap-x-32 w-max pr-24 md:pr-32 last:md:hidden translate-x-[40%]\">\n\t\t\t\t\t\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Natural cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa ratio\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa differentials\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\tCocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t\t\t<div class=\"absolute left-full top-0 w-svw flex gap-24 md:gap-x-32\">\n\t\t\t\t\t\t\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Natural cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa ratio\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa differentials\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\tCocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"relative flex gap-x-32 w-max pr-24 md:pr-32 last:md:hidden -translate-x-[40%]\">\n\t\t\t\t\t\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\tCocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa differentials\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa ratio\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Natural cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t\t\t<div class=\"absolute left-full top-0 w-svw flex gap-24 md:gap-x-32\">\n\t\t\t\t\t\t\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\tCocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa differentials\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa ratio\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Natural cocoa powder\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa liquor\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa beans\t\t\t<\/div>\n\t\t\t<div class=\"py-12 px-24 select-none font-labgMed bg-coreLightGreen02 whitespace-nowrap rounded-10\">\n\t\t\t\t Cocoa butter\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<\/div>\n<\/div>\n\n<style>\n:root {\n\t--duration: 120s; \/* animation duration *\/\n\t--speed: 0.8; \/* speed factor \n            0   : nothing happens\n            [0 1]: decrease the speed\n                1 : stops the animation\n    [1 +infinity[ : move in the opposite direction\n    *\/\n\t--_a: ticker1 linear infinite;\n}\n<\/style>\n<!-- .module.commodity-wall: end -->\n\n\n\n<!-- .module.cta-footer: start -->\n<div  class=\"module cta-footer bg-fn-ModBgLightTheme pt-40 md:pt-64 xl:pt-80 pb-40 md:pb-64 xl:pb-80 hidden show-small:block show-medium:block show-large:block\">\n\t<div class=\"container\">\n\n\t\t\t\t\t<div class=\"flex gap-15 flex-wrap justify-center\" data-scroll-class=\"expanaFadeInUp\">\n\t\t\t\t<a href=\"https:\/\/www.expanamarkets.com\/request-a-demo\/\" class=\"btn btn--filled transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24 py-16 bg-coreMidGreen text-white border-coreMidGreen hover:bg-coreMidGreenHover hover:border-coreMidGreenHover \" target=\"\" aria-label=\"Request a demo\">Request a demo<\/a>\t\t\t<\/div>\n\t\t\n\t\t\t<\/div>\n<\/div>\n<!-- .module.cta-footer: end -->\n\n\n<!-- .module.introduction: start -->\n<div  class=\"module introduction theme-grey pt-40 md:pt-64 xl:pt-80 pb-0 hidden show-small:block show-medium:block show-large:block relative z-10\">\n\n\t<div class=\"container md:text-center\">\n\n\t\t<div class=\"content col-span-12  md:w-[750px] max-w-full md:m-auto\">\n\t\t\t<h3 class=\"h3\" data-scroll-class=\"expanaFadeInUp\">Trusted by industry leaders for reliable market\u00a0insight<\/h3>\n\t\t\t\t\t<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<!-- .module.introduction: end -->\n\n\n<!-- .module.logo-wall: start -->\n<div  class=\"module logo-wall theme-grey pt-32 md:pt-48 xl:pt-56 pb-0 hidden show-small:block show-medium:block show-large:block\">\n\t<div class=\"container\">\n\n\t\t<div class=\"flex flex-wrap gap-y-20 md:gap-y-24 justify-center gap-x-36 xl:gap-x-40 col-span-12\" data-scroll-class=\"expanaFadeInUp\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"179\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/05\/Pret-A-Manger_logo_colour.svg\" class=\"h-36 md:h-43 xl:h-60 max-w-[130px] md:max-w-[180px] min-w-[120px] md:min-w-[120px] w-auto object-contain\" alt=\"Pret A Manger logo\" \/><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"179\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/Hilton_logo_colour-1.svg\" class=\"h-36 md:h-43 xl:h-60 max-w-[130px] md:max-w-[180px] min-w-[120px] md:min-w-[120px] w-auto object-contain\" alt=\"Hilton logo\" \/><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"179\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/05\/Starbucks_logo_colour.svg\" class=\"h-36 md:h-43 xl:h-60 max-w-[130px] md:max-w-[180px] min-w-[120px] md:min-w-[120px] w-auto object-contain\" alt=\"Starbucks logo\" \/>\t\t<\/div>\n\n\t\t\t<\/div>\n<\/div>\n<!-- .module.logo-wall: end -->\n\n\n\n<!-- .module.text-image-combo: start -->\n<div  class=\"module text-image-combo bg-fn-ModBgMidGreyTheme pt-40 md:pt-64 xl:pt-80 pb-40 md:pb-64 xl:pb-80 hidden show-small:block show-medium:block show-large:block\">\n\t<div class=\"container\">\n\t\t<div class=\"flex flex-col-reverse\tsm:grid grid-cols-1 sm:grid-cols-12 gap md:gap-x-40 lg:gap-x-64 xl:gap-x-88\">\n\n\t\t\t<div class=\"content space-y-default md:flex flex-col col-span-6 h-full justify-center sm:order-last prose\" data-scroll-class=\"expanaFadeInUp\">\n\n\t\t\t\t\t\t\t\t\t<div class=\"description flex flex-col gap-y \">\n\t\t\t\t\t\t<h2>Our cocoa forecasting methodology<\/h2>\r\n<p>Expana\u2019s cocoa price forecasts are grounded in a comprehensive analysis of commodities\u2019 market dynamics. Our robust methodology integrates macro-economic, fundamental, and technical analyses, providing solid recommendations and driving effective decision-making in the cocoa commodity market.<\/p>\r\n<ul>\r\n\t<li>The macro-economic analysis explores global manufacturing sector developments, and their impact on commodity prices, presenting key indicators such as GDP, unemployment, inflation, and interest rates for major regions.<\/li>\r\n\t<li>The fundamental analysis offers an overview of the current cocoa supply-and-demand balance, taking into account weather conditions and disease prevalence<\/li>\r\n\t<li>Finally, the technical analysis employs indicators such as moving averages, MACD and RSI to anticipate changes in price movements<\/li>\r\n<\/ul>\r\n<p>The breadth and depth of Expana\u2019s analysis ensure that our cocoa forecasts are accurate, reliable, and actionable. This comprehensive approach equips businesses with the knowledge and foresight needed to navigate the market confidently, seize opportunities, and mitigate risks.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<div class=\"col-span-6 rounded overflow-hidden aspect-4\/3 embed-wrapper\"  data-scroll-class=\"expanaLongFadeInUp\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/Expana-methodology-white.png\" class=\"w-full h-full \" alt=\"Graphic of a green pyramid with the title Forecast Methodology. Text beside the pyramid shows from top to bottom Marco, Technical Analysis, Fundamental Analysis.\" \/>\t\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<!-- .module.text-image-combo: end -->\n\n\n\n<!-- .module.multi-column-combo: start -->\n<div  class=\"module multi-column-combo theme-grey bg-fn-ModBgMidGreyTheme pt-40 md:pt-64 xl:pt-80 pb-40 md:pb-64 xl:pb-80 hidden show-small:block show-medium:block show-large:block\">\n\t<div class=\"container\" data-scroll-class=\"expanaFadeInUp\">\n\t\t<div class=\"grid grid-cols-12 gap lg:gap-48\">\n\n\t\t\t<div class=\"col-span-12 md:col-span-6\">\n\n  \n      <img decoding=\"async\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/businessman_looking_at_data.jpg\" class=\"rounded-10 mb-24 object-cover aspect-4\/3\" alt=\"Businessman doing a presentation using commodity market analysis\" \/>  \n\n  \n\n  \n  \n  \t\t<h3 class=\"h3\">\n\t\t\tTrusted data and insights, backed by\u00a0experts\t\t<\/h3>\n  \n      <div class=\"prose pt-16 md:pt-20 xl:pt-24 pb-0\">\n        <p>At Expana, you can rest assured that the world\u2019s foremost market analysts have rigorously verified the data to ensure accuracy and integrity.<\/p>\n    <\/div>\n  \n      <div class=\"flex gap\">\n              <a href=\"https:\/\/www.expanamarkets.com\/markets\/\" class=\"btn btn--text transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24px-24 py-16 text-digitalActiveBlue border-transparent hover:text-digitalActiveBlueHover \" target=\"\" aria-label=\"Find out more\">Find out more<svg width=\"16px\" height=\"16px\"   viewBox=\"0 0 16 12\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"\">\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" \/>\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" fill-opacity=\"0.2\" \/>\n      <\/svg><\/a>          <\/div>\n  \n<\/div>\n<div class=\"col-span-12 md:col-span-6\">\n\n  \n      <img decoding=\"async\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/expana-methodology_green.webp\" class=\"rounded-10 mb-24 object-cover aspect-4\/3\" alt=\"Expana process flow diagram\" \/>  \n\n  \n\n  \n  \n  \t\t<h3 class=\"h3\">\n\t\t\tOur methodology\t\t<\/h3>\n  \n      <div class=\"prose pt-16 md:pt-20 xl:pt-24 pb-0\">\n        <p>Expana is an IOSCO-assured Price Reporting Agency, ensuring the data you benchmark against is the best of its kind.<\/p>\n    <\/div>\n  \n      <div class=\"flex gap\">\n              <a href=\"https:\/\/www.expanamarkets.com\/methodology\/our-methodology\/\" class=\"btn btn--text transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24px-24 py-16 text-digitalActiveBlue border-transparent hover:text-digitalActiveBlueHover \" target=\"\" aria-label=\"Find out more\">Find out more<svg width=\"16px\" height=\"16px\"   viewBox=\"0 0 16 12\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"\">\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" \/>\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" fill-opacity=\"0.2\" \/>\n      <\/svg><\/a>          <\/div>\n  \n<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n<\/div>\n<!-- .module.multi-column-combo: end -->\n\n\n\n<!-- .module.introduction: start -->\n<div  class=\"module introduction theme-light pt-40 md:pt-64 xl:pt-80 pb-0 hidden show-small:block show-medium:block show-large:block relative z-10\">\n\n\t<div class=\"container md:grid grid-cols-12\">\n\n\t\t<div class=\"content col-span-12 md:col-span-8 \">\n\t\t\t<h2 class=\"h2\" data-scroll-class=\"expanaFadeInUp\">Use cases<\/h2>\n\t\t\t\t\t<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<!-- .module.introduction: end -->\n\n\n<!-- .module.use-case-grid: start -->\n<div  class=\"module use-case-grid theme-light bg-fn-ModBgLightTheme pt-0 pb-0 hidden show-small:block show-medium:block show-large:block\">\n\t<div class=\"container\">\n\n\t\t<!-- Grid -->\n\t\t<div class=\"grid grid-cols-12 gap sm:pt-40 pb-80\" data-scroll-class=\"expanaFadeInUp\" data-scroll-delay=\"500\">\n\t\t\t\n<a href=\"https:\/\/www.expanamarkets.com\/solutions\/use-cases\/efficiency\/\" class=\"card card--use-case p-24 transition-colors flex gap-x-16 md:gap-x-0 sm:flex-row md:flex-col\" data-scroll-class=\"fadeIn\">\n\n      <figure class=\"flex aspect-1\/1 overflow-hidden size-60\">\n      <img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/05\/efficiency-icon.svg\" class=\"w-full h-auto object-contain object-top wp-post-image\" alt=\"Efficiency icon\" \/>      <figcaption class=\"sr-only\">Efficiency image<\/figcaption>\n    <\/figure>\n  \n  <div class=\"content flex flex-col flex-grow\">\n\n    <div class=\"block mt-0 md:mt-12 mb-8\">\n      <h3 class=\"h5 card-title\">Efficiency<\/h3>\n    <\/div>\n\n    <p class=\"text-digitalDarkGrey80\">Save time and improve productivity with our actionable insights.<\/p>\n\n    <div class=\"mt-auto self-stretch\">\n      <button type=\"button\"\" class=\"btn btn--text transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24px-24 py-16 text-digitalActiveBlue border-transparent hover:text-digitalActiveBlueHover mr-auto w-auto inline-flex px-0 pb-0 mt-16\" target=\"_self\" aria-label=\"Learn more\">Learn more<svg width=\"16px\" height=\"16px\"   viewBox=\"0 0 16 12\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"\">\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" \/>\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" fill-opacity=\"0.2\" \/>\n      <\/svg><\/button>    <\/div>\n\n  <\/div>\n<\/a>\n<a href=\"https:\/\/www.expanamarkets.com\/solutions\/use-cases\/cost-control\/\" class=\"card card--use-case p-24 transition-colors flex gap-x-16 md:gap-x-0 sm:flex-row md:flex-col\" data-scroll-class=\"fadeIn\">\n\n      <figure class=\"flex aspect-1\/1 overflow-hidden size-60\">\n      <img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/05\/cost-control-icon.svg\" class=\"w-full h-auto object-contain object-top wp-post-image\" alt=\"Cost control icon\" \/>      <figcaption class=\"sr-only\">Cost control image<\/figcaption>\n    <\/figure>\n  \n  <div class=\"content flex flex-col flex-grow\">\n\n    <div class=\"block mt-0 md:mt-12 mb-8\">\n      <h3 class=\"h5 card-title\">Cost control<\/h3>\n    <\/div>\n\n    <p class=\"text-digitalDarkGrey80\">Navigate market challenges and maximize long-term success.<\/p>\n\n    <div class=\"mt-auto self-stretch\">\n      <button type=\"button\"\" class=\"btn btn--text transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24px-24 py-16 text-digitalActiveBlue border-transparent hover:text-digitalActiveBlueHover mr-auto w-auto inline-flex px-0 pb-0 mt-16\" target=\"_self\" aria-label=\"Learn more\">Learn more<svg width=\"16px\" height=\"16px\"   viewBox=\"0 0 16 12\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"\">\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" \/>\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" fill-opacity=\"0.2\" \/>\n      <\/svg><\/button>    <\/div>\n\n  <\/div>\n<\/a>\n<a href=\"https:\/\/www.expanamarkets.com\/solutions\/use-cases\/profitability\/\" class=\"card card--use-case p-24 transition-colors flex gap-x-16 md:gap-x-0 sm:flex-row md:flex-col\" data-scroll-class=\"fadeIn\">\n\n      <figure class=\"flex aspect-1\/1 overflow-hidden size-60\">\n      <img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/05\/profitability-icon.svg\" class=\"w-full h-auto object-contain object-top wp-post-image\" alt=\"Profitability icon\" \/>      <figcaption class=\"sr-only\">Profitability image<\/figcaption>\n    <\/figure>\n  \n  <div class=\"content flex flex-col flex-grow\">\n\n    <div class=\"block mt-0 md:mt-12 mb-8\">\n      <h3 class=\"h5 card-title\">Profitability<\/h3>\n    <\/div>\n\n    <p class=\"text-digitalDarkGrey80\">Utilize our data, market fundamentals, and forecasting expertise to gain a financial edge.<\/p>\n\n    <div class=\"mt-auto self-stretch\">\n      <button type=\"button\"\" class=\"btn btn--text transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24px-24 py-16 text-digitalActiveBlue border-transparent hover:text-digitalActiveBlueHover mr-auto w-auto inline-flex px-0 pb-0 mt-16\" target=\"_self\" aria-label=\"Learn more\">Learn more<svg width=\"16px\" height=\"16px\"   viewBox=\"0 0 16 12\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"\">\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" \/>\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" fill-opacity=\"0.2\" \/>\n      <\/svg><\/button>    <\/div>\n\n  <\/div>\n<\/a>\n<a href=\"https:\/\/www.expanamarkets.com\/solutions\/use-cases\/risk-mitigation\/\" class=\"card card--use-case p-24 transition-colors flex gap-x-16 md:gap-x-0 sm:flex-row md:flex-col\" data-scroll-class=\"fadeIn\">\n\n      <figure class=\"flex aspect-1\/1 overflow-hidden size-60\">\n      <img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/05\/risk-mitigation-icon.svg\" class=\"w-full h-auto object-contain object-top wp-post-image\" alt=\"Risk mitigation icon\" \/>      <figcaption class=\"sr-only\">Risk mitigation image<\/figcaption>\n    <\/figure>\n  \n  <div class=\"content flex flex-col flex-grow\">\n\n    <div class=\"block mt-0 md:mt-12 mb-8\">\n      <h3 class=\"h5 card-title\">Risk mitigation<\/h3>\n    <\/div>\n\n    <p class=\"text-digitalDarkGrey80\">Manage risks proactively and minimize your exposure to price fluctuations.<\/p>\n\n    <div class=\"mt-auto self-stretch\">\n      <button type=\"button\"\" class=\"btn btn--text transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24px-24 py-16 text-digitalActiveBlue border-transparent hover:text-digitalActiveBlueHover mr-auto w-auto inline-flex px-0 pb-0 mt-16\" target=\"_self\" aria-label=\"Learn more\">Learn more<svg width=\"16px\" height=\"16px\"   viewBox=\"0 0 16 12\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"\">\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" \/>\n        <path d=\"M12.15 7.0005H1C0.716667 7.0005 0.479167 6.90467 0.2875 6.713C0.0958333 6.52133 0 6.28383 0 6.0005C0 5.71717 0.0958333 5.47967 0.2875 5.288C0.479167 5.09633 0.716667 5.0005 1 5.0005H12.15L9.3 2.1505C9.1 1.9505 9.00417 1.71717 9.0125 1.4505C9.02083 1.18383 9.11667 0.9505 9.3 0.7505C9.5 0.5505 9.7375 0.446333 10.0125 0.438C10.2875 0.429667 10.525 0.5255 10.725 0.7255L15.3 5.3005C15.4 5.4005 15.4708 5.50883 15.5125 5.6255C15.5542 5.74217 15.575 5.86717 15.575 6.0005C15.575 6.13383 15.5542 6.25883 15.5125 6.3755C15.4708 6.49217 15.4 6.6005 15.3 6.7005L10.725 11.2755C10.525 11.4755 10.2875 11.5713 10.0125 11.563C9.7375 11.5547 9.5 11.4505 9.3 11.2505C9.11667 11.0505 9.02083 10.8172 9.0125 10.5505C9.00417 10.2838 9.1 10.0505 9.3 9.8505L12.15 7.0005Z\" fill=\"currentColor\" fill-opacity=\"0.2\" \/>\n      <\/svg><\/button>    <\/div>\n\n  <\/div>\n<\/a>\t\t<\/div>\n\n\t<\/div>\n<\/div>\n<!-- .module.use-case-grid: end -->\n\n\n\n<!-- .module.promo-cta: start -->\n<div class=\"module promo-cta theme-dark bg-fn-ModBgDarkTheme pt-40 md:pt-64 xl:pt-80 pb-40 md:pb-64 xl:pb-80 hidden show-small:block show-medium:block show-large:block relative overflow-hidden z-0\">\n    <div class=\"container relative z-20\">\n\n\t\t\n\t\t\t<video playsinline autoplay muted loop poster=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/expana-particle-bg-cover.jpg\" class=\"absolute z-10 overflow-hidden w-full h-full top-0 left-0 object-cover\">\n\t\t\t<source src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/expana-particle-bg.mp4\" type=\"video\/mp4\">\n<source src=\"https:\/\/www.expanamarkets.com\/wp-content\/uploads\/2024\/06\/expana-particle-bg.webm\" type=\"video\/webm\">\n\t\t<\/video>\n\t\t\t<div class=\"rounded-10 z-20 relative pt-32 overflow-hidden pb-16 grid grid-cols-4 md:grid-cols-8 md:pr-0 md:py-0 gap-32 lg:grid-cols-12 text-white\">\n\t\t\t\t<div class=\"flex flex-col col-span-4 md:col-span-6 md:col-start-2 lg:col-span-8 md:py-12 lg:col-start-3 text-center\">\n\n\t\t\t\t\t<h3 data-scroll-class=\"expanaFadeInUp\">Essential intelligence for industry professionals<\/h3>\n\n\t\t\t\t\t<div class=\"description prose mb-12\" data-scroll-class=\"expanaFadeInUp\" data-scroll-delay=\"500\">\n\t\t\t\t\t\t<p>Expana delivers essential intelligence to industry professionals across the coffee and cocoa supply chains, ensuring business leaders stay informed about the latest prices and industry trends, enabling them to effectively navigate disruptions, manage prices, and deliver value to their customers.<\/p>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"flex flex-row justify-center gap-16\" data-scroll-class=\"expanaFadeInUp\" data-scroll-delay=\"500\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.expanamarkets.com\/request-a-demo\/\" class=\"btn btn--filled transition-all border-2 rounded-100 font-labgMed leading-none flex justify-center items-center gap-x-12 px-24 py-16 bg-coreDataGreen border-coreDataGreen text-coreDarkGreen hover:bg-coreDataGreenHover hover:border-coreDataGreenHover \" target=\"_self\" aria-label=\"Request a demo\">Request a demo<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n<\/div>\n<!-- .module.promo-cta: end -->\n\n\n<!-- .module.faqs-list: start -->\n<div  class=\"module faq-list pt-40 md:pt-64 xl:pt-80 pb-40 md:pb-64 xl:pb-80 hidden show-small:block show-medium:block show-large:block type-full\">\n\t<div class=\"container lg:grid lg:grid-cols-12 lg:px-80\">\n\n\t\t<div class=\"inner col-span-12 lg:col-span-10 lg:col-start-2 lg:col-end-12 bg-fn-ModBgLightTheme\">\n\n\t\t\t\t\t\t\t<h3 class=\"text-[27px] font-light leading-8 mb-24 md:text-[34px] md:leading-10 text-coreDarkGreen\" data-scroll-class=\"expanaFadeInUp\">\n\t\t\t\t\tCocoa Market FAQs\t\t\t\t<\/h3>\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"accordion first:border-t border-b border-digitalDarkGrey20 text-coreDarkGreen block\" data-scroll-class=\"fadeIn\" data-scroll-delay=\"500\">\n\t\t\t\t\t\t<div class=\"py-16 pr-16 md:py-24 cursor-pointer accordion-toggle\">\n\t\t\t\t\t\t\t<div class=\"flex justify-between\">\n\t\t\t\t\t\t\t\t<h3 class=\"text-md leading-6 font-labgMed\">\n\t\t\t\t\t\t\t\t\tWhy are cocoa prices rising?\t\t\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t<span class=\"toggle-icon *:size-[20px] flex items-center transition-transform\">\n\t\t\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"25\" viewBox=\"0 0 24 25\" fill=\"none\">\n\t<path class=\"icon-chevron-down\" d=\"M12.0582 14.6383L19.4082 7.28828C19.6582 7.03828 19.9499 6.91745 20.2832 6.92578C20.6166 6.93411 20.9082 7.06328 21.1582 7.31328C21.4082 7.56328 21.5332 7.85495 21.5332 8.18828C21.5332 8.52161 21.4082 8.81328 21.1582 9.06328L13.4832 16.7633C13.2832 16.9633 13.0582 17.1133 12.8082 17.2133C12.5582 17.3133 12.3082 17.3633 12.0582 17.3633C11.8082 17.3633 11.5582 17.3133 11.3082 17.2133C11.0582 17.1133 10.8332 16.9633 10.6332 16.7633L2.93322 9.06328C2.68322 8.81328 2.56238 8.51745 2.57072 8.17578C2.57905 7.83412 2.70822 7.53828 2.95822 7.28828C3.20822 7.03828 3.49988 6.91328 3.83322 6.91328C4.16655 6.91328 4.45822 7.03828 4.70822 7.28828L12.0582 14.6383Z\" fill=\"currentcolor\"\/>\n<\/svg>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"overflow-hidden max-h-0 transition-all delay-100 duration-500 accordion-content\">\n\t\t\t\t\t\t\t<div class=\"pt-8 pb-24\">\n\t\t\t\t\t\t\t\t<div class=\"*:leading-6\">\n\t\t\t\t\t\t\t\t\t<p>Supply issues caused by poor weather in Western Africa and diseases such as black pod and swollen shoot virus have devastated cocoa plantations, reducing the available supply. Demand has stayed consistently strong, resulting in increasing cocoa prices.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"accordion first:border-t border-b border-digitalDarkGrey20 text-coreDarkGreen block\" data-scroll-class=\"fadeIn\" data-scroll-delay=\"500\">\n\t\t\t\t\t\t<div class=\"py-16 pr-16 md:py-24 cursor-pointer accordion-toggle\">\n\t\t\t\t\t\t\t<div class=\"flex justify-between\">\n\t\t\t\t\t\t\t\t<h3 class=\"text-md leading-6 font-labgMed\">\n\t\t\t\t\t\t\t\t\tHow is cocoa traded?\t\t\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t<span class=\"toggle-icon *:size-[20px] flex items-center transition-transform\">\n\t\t\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"25\" viewBox=\"0 0 24 25\" fill=\"none\">\n\t<path class=\"icon-chevron-down\" d=\"M12.0582 14.6383L19.4082 7.28828C19.6582 7.03828 19.9499 6.91745 20.2832 6.92578C20.6166 6.93411 20.9082 7.06328 21.1582 7.31328C21.4082 7.56328 21.5332 7.85495 21.5332 8.18828C21.5332 8.52161 21.4082 8.81328 21.1582 9.06328L13.4832 16.7633C13.2832 16.9633 13.0582 17.1133 12.8082 17.2133C12.5582 17.3133 12.3082 17.3633 12.0582 17.3633C11.8082 17.3633 11.5582 17.3133 11.3082 17.2133C11.0582 17.1133 10.8332 16.9633 10.6332 16.7633L2.93322 9.06328C2.68322 8.81328 2.56238 8.51745 2.57072 8.17578C2.57905 7.83412 2.70822 7.53828 2.95822 7.28828C3.20822 7.03828 3.49988 6.91328 3.83322 6.91328C4.16655 6.91328 4.45822 7.03828 4.70822 7.28828L12.0582 14.6383Z\" fill=\"currentcolor\"\/>\n<\/svg>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"overflow-hidden max-h-0 transition-all delay-100 duration-500 accordion-content\">\n\t\t\t\t\t\t\t<div class=\"pt-8 pb-24\">\n\t\t\t\t\t\t\t\t<div class=\"*:leading-6\">\n\t\t\t\t\t\t\t\t\t<p>Most cocoa products in a tradeable form start out as cocoa beans. From there, further processing can turn them into either cocoa liquor (also known as cocoa mass) or a combination of cocoa butter and cocoa powder. These products form the majority of traded cocoa products globally, with cocoa butter and liquor largely being used in the production of chocolate, while cocoa powder goes into any number of products which are chocolate-flavored, such as ice creams, beverages, baked goods and others.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"accordion first:border-t border-b border-digitalDarkGrey20 text-coreDarkGreen block\" data-scroll-class=\"fadeIn\" data-scroll-delay=\"500\">\n\t\t\t\t\t\t<div class=\"py-16 pr-16 md:py-24 cursor-pointer accordion-toggle\">\n\t\t\t\t\t\t\t<div class=\"flex justify-between\">\n\t\t\t\t\t\t\t\t<h3 class=\"text-md leading-6 font-labgMed\">\n\t\t\t\t\t\t\t\t\tWhat are cocoa products manufactured into?\t\t\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t<span class=\"toggle-icon *:size-[20px] flex items-center transition-transform\">\n\t\t\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"25\" viewBox=\"0 0 24 25\" fill=\"none\">\n\t<path class=\"icon-chevron-down\" d=\"M12.0582 14.6383L19.4082 7.28828C19.6582 7.03828 19.9499 6.91745 20.2832 6.92578C20.6166 6.93411 20.9082 7.06328 21.1582 7.31328C21.4082 7.56328 21.5332 7.85495 21.5332 8.18828C21.5332 8.52161 21.4082 8.81328 21.1582 9.06328L13.4832 16.7633C13.2832 16.9633 13.0582 17.1133 12.8082 17.2133C12.5582 17.3133 12.3082 17.3633 12.0582 17.3633C11.8082 17.3633 11.5582 17.3133 11.3082 17.2133C11.0582 17.1133 10.8332 16.9633 10.6332 16.7633L2.93322 9.06328C2.68322 8.81328 2.56238 8.51745 2.57072 8.17578C2.57905 7.83412 2.70822 7.53828 2.95822 7.28828C3.20822 7.03828 3.49988 6.91328 3.83322 6.91328C4.16655 6.91328 4.45822 7.03828 4.70822 7.28828L12.0582 14.6383Z\" fill=\"currentcolor\"\/>\n<\/svg>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"overflow-hidden max-h-0 transition-all delay-100 duration-500 accordion-content\">\n\t\t\t\t\t\t\t<div class=\"pt-8 pb-24\">\n\t\t\t\t\t\t\t\t<div class=\"*:leading-6\">\n\t\t\t\t\t\t\t\t\t<p>By volume, the majority of cocoa products are manufactured into finished chocolate, but chocolate-flavored products such as ice cream, baked goods, compound, and beverages are all produced. Additionally, cocoa butter is sometimes used for health &amp; beauty products.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n<!-- .module.faqs-list: end -->","protected":false},"featured_media":2940,"parent":1422,"menu_order":9,"template":"","meta":{"_acf_changed":true,"content-type":"","inline_featured_image":false,"footnotes":""},"class_list":["post-2411","commodity-category","type-commodity-category","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cocoa Prices Today &amp; Market Intelligence | IOSCO Assured - Expana<\/title>\n<meta name=\"description\" content=\"Access trusted cocoa prices with Expana. Get real-time pricing, supply-demand trends, and market intelligence to support informed decisions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.expanamarkets.com\/markets\/tropical-softs\/cocoa-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:description\" content=\"Access trusted cocoa prices with Expana. 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