Indonesia's Cocoa Output Seen Lower as El Nino Effects Linger

COMMODITIES - JAKARTA. Indonesia's cocoa output is set to fall again this year as the effects of last year's El Nino weather pattern linger, the cocoa farmers' association said on Thursday.

Last year's dry season was the most severe since 2019 as the El Nino phenomenon lasted longer than usual, bringing drought that hurt yields, including for cocoa.