Core Insights - Côte d'Ivoire exported 1.613 million tons of cocoa beans by the end of June 2025, representing a year-on-year increase of 1.1% [1] - The International Cocoa Organization (ICCO) raised concerns about the accuracy of the export data, suggesting potential issues with weight measurement or double counting [1] - Cocoa production in Côte d'Ivoire significantly influences global market price fluctuations, with prices experiencing an 8% increase in early June before a subsequent decline due to adverse weather conditions [1] Market Dynamics - Cocoa market prices surged to $9,245 per ton in London and $10,175 per ton in New York in early June [1] - Following strong rainfall, market sentiment shifted, leading to a price drop of 16% in London and 18% in New York by mid-June [1] - By the end of June, market concerns regarding potential cocoa bean production declines eased, resulting in a recovery in prices [1] Industry Position - Côte d'Ivoire is the world's largest cocoa producer, accounting for approximately 40% of global cocoa production [2]