Lucca Bezzon, StoneX Brazil Market Intelligence Analyst, explains why cocoa prices have entered a new phase as stronger West African production eases supply concerns, while low global inventories, El Niño weather risks and weaker demand continue to drive uncertainty. The discussion explores Ivory Coast's production surprise, the outlook for the next harvest, changing consumption trends and the key indicators traders should monitor over the coming months. Download the StoneX 2026 Commodities Outlook: https://www.stonex.com/en/insights/commodities-outlook/?utm_source=youtube&utm_medium=qr_code&utm_campaign=mi_outlook_q3_26 Discover Actionable Cocoa Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/cocoa?utm_source=x&utm_medium=social&utm_campaign=sxtv_guest_lucca_bezzon&utm_content=share Like and subscribe for more financial market insights. #StoneX #LuccaBezzon #Cocoa #CocoaMarket #Commodities #IvoryCoast #ElNino #WestAfrica #SoftCommodities #MarketOutlook