{"id":591009,"date":"2026-01-07T16:57:18","date_gmt":"2026-01-07T09:57:18","guid":{"rendered":"https:\/\/vibiznews.com\/?p=591009"},"modified":"2026-01-09T13:19:01","modified_gmt":"2026-01-09T06:19:01","slug":"market-review-harga-kopi-gula-kakao-2025","status":"publish","type":"post","link":"https:\/\/vibiznews.com\/index.php\/2026\/01\/07\/market-review-harga-kopi-gula-kakao-2025\/","title":{"rendered":"Market Review Harga Kopi &#8211; Gula &#8211; Kakao 2025"},"content":{"rendered":"<p><span data-contrast=\"none\">(Vibiznews \u2013 Commodity) &#8211; Review Harga Kopi \u2013 Gula \u2013 Kakao pada tahun 2025<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ditahun 2025 yang sangat berpengaruh :<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"-\" data-font=\"Aptos\" data-listid=\"40\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Aptos&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;-&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Pelantikan Presiden AS Donald Trump di bulan Januari membuat banyak kebijakan baru yang mempengaruhi pasar\u00a0komoditas.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"-\" data-font=\"Aptos\" data-listid=\"40\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Aptos&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;-&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Kebijakan Tarif AS membuat harga komoditas dari luar AS menjadi lebih mahal seperti Kopi \u2013 Gula \u2013 Kakao sehingga persediaan di AS berkurang<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"-\" data-font=\"Aptos\" data-listid=\"40\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Aptos&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;-&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">Kopi yang dari Brazil menjadi mahal bagi konsumen AS<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"-\" data-font=\"Aptos\" data-listid=\"40\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Aptos&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;-&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">Harga \u00a0Kakao juga mahal bagi konsumen AS dan Eropa<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><b><span data-contrast=\"none\">KOPI\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">\u00a0<\/span><\/b><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-591011 aligncenter\" src=\"https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-kopi-2025-1-300x174.jpg\" alt=\"\" width=\"623\" height=\"361\" srcset=\"https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-kopi-2025-1-300x174.jpg 300w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-kopi-2025-1-768x445.jpg 768w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-kopi-2025-1-725x420.jpg 725w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-kopi-2025-1-696x403.jpg 696w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-kopi-2025-1.jpg 929w\" sizes=\"auto, (max-width: 623px) 100vw, 623px\" \/><\/p>\n<p><b><span data-contrast=\"auto\">Summary Pergerakan Harga Kopi di tahun 2025<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"41\" data-list-defn-props=\"{&quot;134225954&quot;:true,&quot;134225961&quot;:true,&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga kopi di tahun 2025 naik 18%<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"41\" data-list-defn-props=\"{&quot;134225954&quot;:true,&quot;134225961&quot;:true,&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga tertinggi di 14 feb $438<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">Pada 28 Januari Conab memperkirakan hasil panen Brazil 2025\/26 turun 4.4% dari tahun lalu mencapai jumlah terendah 3 tahun menjadi 51.81 juta kantong.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:360,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"41\" data-list-defn-props=\"{&quot;134225954&quot;:true,&quot;134225961&quot;:true,&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga terendah pada 7 Juli<\/span><\/b><span data-contrast=\"none\"> di $268 panen\u00a0 kopi Brazil Lebih cepat dari tahun lalu.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"none\">Pada hari terakhir 31 Desember 2025<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Harga kopi Maret di ICE New York <\/span><\/b><span data-contrast=\"none\">turun $1,45 (0.41%) menjadi $368 . <\/span><b><span data-contrast=\"none\">Harga kopi Robusta Maret <\/span><\/b><span data-contrast=\"none\">di ICE London naik $4 (0.10%).<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Harga kopi pada akhir tahun hari Rabu<\/span><\/b><span data-contrast=\"none\"> naik pada awal pasar namun pada penutupan pasar beragam, harga kopi Robusta membukukan ke harga tertinggi 2 \u00bd minggu. Harga kopi Arabika turun setelah indeks dolar naik ke tertinggi 1 minggu.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><strong>Analisa Fundamental Pergerakan Harga Kopi<\/strong><\/p>\n<p><b><span data-contrast=\"none\">Harga kopi\u00a0 naik karena banjir di Indonesia<\/span><\/b><span data-contrast=\"none\"> mendorong kenaikan harga kopi\u00a0 Arabika naik ke harga tertinggi 2\u00a0 minggu\u00a0 pada hari Selasa dan menurunkan ekspor kopi 15% di 2025\/26 menurut Association of Indonesian Coffee Exporters and Industry.\u00a0 Banjir melanda sepertiga perkebunan kopi di Sumatra Utara pada minggu ini. Indonesia produsen kopi robusta terbesar ke tiga di dunia.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Harga kopi naik karena cuaca kering\u00a0 Laporan <\/span><b><span data-contrast=\"none\">Somar Meteorologia<\/span><\/b><span data-contrast=\"none\"> pada hari Senin\u00a0\u00a0 di <\/span><b><span data-contrast=\"none\">Minas Gerais<\/span><\/b><span data-contrast=\"none\"> curah hujan 11.1 mm pada minggu ini\u00a0 sampai 26 Desember atau 17% dari rata-rata<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Persediaan kopi turun sehingga menaikkan harga<\/span><i><span data-contrast=\"none\"> Persediaan Kopi Arabika di ICE\u00a0\u00a0<\/span><\/i><span data-contrast=\"none\"> turun\u00a0 ke jumlah terendah 1 \u00be tahun menjadi 398,645 kantong pada 20 Nopember sekarang naik ke jumlah tertinggi 2 bulan \u00a0menjadi 456,477 kantong pada hari Rabu.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u00a0<\/span><i><span data-contrast=\"none\">Persediaan kopi Robusta di ICE turun <\/span><\/i><span data-contrast=\"none\">ke\u00a0 jumlah\u00a0 terendah 1 tahun\u00a0 menjadi 4,012 lot pada 10 Desember tetapi sekarang naik ke tertinggi 4 minggu di 4,278 lot pada Selasa \u00a0dan Rabu lalu.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Pembeli di Amerika menolak untuk membuat kontrak baru untuk membeli kopi <\/span><b><span data-contrast=\"none\">Brazil<\/span><\/b><span data-contrast=\"none\"> karena pajak impor 50% yang dikenakan ke <\/span><b><span data-contrast=\"none\">Brazil<\/span><\/b><span data-contrast=\"none\">.\u00a0 Inilah dimana persediaan kopi di pasar AS sangat sedikit karena 1\/3 kopi\u00a0 yang tidak dipanggang berasal Brazil.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">AS membeli kopi Brazil dari Agustus sampai Oktober selama tarif AS yang dikenakan terhadap Brazil turun 52% dari tahun lalu pada periode yang sama menjadi 983,970 kantong.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Outlook dari pasokan kopi yang melimpah menurunkan harga Laporan dari <\/span><b><span data-contrast=\"none\">Conab<\/span><\/b><span data-contrast=\"none\"> pada 4 Desember perkiraan hasil kopi Brazil 2025 dinaikkan 2.4% menjadi 56.54 juta kantong dari perkiraan September 55.20 juta kantong<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Harga kopi Robusta mengalami tekanan karena kekhawatiran melimpahnya pasokan. Pada 5 Desember<\/span><b><span data-contrast=\"auto\"> the Vietnam National Statistics Office <\/span><\/b><span data-contrast=\"auto\">melaporkan<\/span> <span data-contrast=\"auto\">Ekspor Kopi Vietnam bulan Nopember naik 39% dari tahun lalu menjadi 88,000 MT<\/span><b><span data-contrast=\"auto\"> dan\u00a0 <\/span><\/b><span data-contrast=\"auto\">ekspor kopi<\/span> <span data-contrast=\"auto\">dari Januari &#8211; Nopember naik 14,8% dari tahun sebelumnya menjadi 1.398 MMT<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Meningkatnya persediaan kopi Vietnam menurunkan harga. <\/span><b><span data-contrast=\"none\">The Vietnam Coffee and Cocoa Association (Vicofa)<\/span><\/b><span data-contrast=\"none\"> mengatakan pada 24 Oktober\u00a0\u00a0\u00a0 bahwa hasil kopi\u00a0 di 2025\/26 naik 10% dari tahun lalu jika cuaca baik<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Berita penurunan ekspor membuat harga kopi naik setelah Laporan dari t<\/span><b><span data-contrast=\"none\">he International Coffee Organization (ICO) <\/span><\/b><span data-contrast=\"none\">pada 7 Nopember\u00a0 bahwa ekspor kopi global\u00a0\u00a0 pada tahun marketing ini ( Oktober \u2013 September) turun 0.3% dari tahun lalu menjadi 138,658 juta kantong<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">USDA Foreign Agricultural Service (FAS)<\/span><\/b><span data-contrast=\"none\"> pada 18 Desember \u00a0memperkirakan produksi kopi dunia di 2025\/26 naik 2% dari tahun lalu menjadi 178,848 juta kantong.\u00a0 Penurunan produksi kopi Arabika 4.7%\u00a0 menjadi 95.515 juta kantong .\u00a0 Produksi kopi Robusta naik 10.9% menjadi 83.333 juta kantong<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">USDA Foreign Agricultural Service (FAS)<\/span><\/b><span data-contrast=\"none\"> memperkirakan <\/span><b><span data-contrast=\"none\">produksi kopi Brazil 2025\/26<\/span><\/b><span data-contrast=\"none\"> turun 3.1%\u00a0 dari tahun lalu menjadi 63 juta kantong.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Produksi kopi Robusta Vietnam<\/span><\/b><span data-contrast=\"none\"> di 2025\/26 naik 6.2% dari tahun lalu menjadi 30.8 juta kantong jumlah tertinggi 4 tahun.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Perkiraan persediaan akhir di 2025\/26\u00a0 turun 5.4% menjadi 20.148 juta kantong dari 21.307 juta kantong di\u00a0 2024\/25<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:280}\">\u00a0<\/span><\/p>\n<p aria-level=\"4\"><b><span data-contrast=\"none\">Analisa tehnikal untuk kopi Arabika\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:360,&quot;335559739&quot;:210,&quot;335559740&quot;:435}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Support pertama di $339 dan berikut ke $330<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:390}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Resistance pertama di $359 kemudian ke $371<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:390}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">GULA<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-591012 aligncenter\" src=\"https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-gula-2025-300x189.jpg\" alt=\"\" width=\"570\" height=\"359\" srcset=\"https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-gula-2025-300x189.jpg 300w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-gula-2025-768x483.jpg 768w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-gula-2025-668x420.jpg 668w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-gula-2025-696x438.jpg 696w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/grafik-gula-2025.jpg 836w\" sizes=\"auto, (max-width: 570px) 100vw, 570px\" \/><\/p>\n<p><b><span data-contrast=\"none\">Summary Pergerakan Harga Gula 2025<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"43\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga gula \u00a0turun 15.2% di tahun 2025 <\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"43\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga gula tertinggi di 20 Maret di $19.96<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">harga gula naik\u00a0 ke tertinggi 3 minggu pada hari Selasa dan harga gula di London naik ke tertinggi 3 \u00bd bulan karena produksi\u00a0 gula turun.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559685&quot;:360,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"43\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga gula terendah pada 7 Nopember di $14.10<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">harga gula turun ke harga terendah 5 tahun karena kenaikan produksi gula Brazil dan surplus gula global.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:360,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Pada hari terakhir 31 Desember 2025<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Harga gula Maret di ICE New York<\/span><\/b><span data-contrast=\"none\"> pada hari Rabu naik 17 sen (1.15%) menjadi $15.01.<\/span><b><span data-contrast=\"none\"> Harga gula putih Maret di ICE London<\/span><\/b><span data-contrast=\"none\"> naik $1.50 (0.35%)<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Harga gula naik dari harga terendah 1 minggu<\/span><\/b><span data-contrast=\"none\"> pada hari Rabu dan naik karena pemilik dana menutup dengan pembelian pada akhir tahun. Harga gula pada awal hari Rabu setelah <\/span><b><span data-contrast=\"none\">indeks dolar naik ke \u00a0kurs tertinggi 1 minggu<\/span><\/b><span data-contrast=\"none\"> sehingga harga komoditas lebih mahal apabila dibeli dengan mata uang lain selain dolar. <\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Harga gula di New York pada Rabu lalu naik ke harga tertinggi 2.25 bulan karena perkiraan mengecilnya persediaan dari Brazil. Selasa lalu <\/span><b><span data-contrast=\"none\">Safras &amp; Mercado<\/span><\/b><span data-contrast=\"none\"> melaporkan produksi gula Brazil di 2026\/27 akan turun 3.91% menjadi 41.8 MMT dari 43.5 MMT di 2025\/26 . Perusahaan itu memperkirakan ekspor gula Brazil di 2026\/27 turun 11% dari tahun lalu menjadi 30 MMT.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><strong>Analisa Fundamental Pergerakan Harga Gula\u00a0<\/strong><\/p>\n<p><b><span data-contrast=\"none\">Ditandai dengan kenaikan hasil gula India<\/span><\/b><span data-contrast=\"none\"> sehingga\u00a0 menurunkan harga,\u00a0 setelah <\/span><b><span data-contrast=\"none\">the India Sugar Mill Association (ISMA)<\/span><\/b><span data-contrast=\"none\"> pada 11 Nopember menaikan\u00a0 perkiraan <\/span><b><span data-contrast=\"none\">produksi gula India <\/span><\/b><span data-contrast=\"none\">di 2025\/26 menjadi 31 MMT dari perkiraan sebelumnya 30\u00a0 MMT naik 18.8% dari tahun lal<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">ISMA <\/span><\/b><span data-contrast=\"none\">juga menurunkan penggunaan gula untuk <\/span><b><span data-contrast=\"none\">produksi etanol di India<\/span><\/b><span data-contrast=\"none\"> menjadi\u00a0 3.4 MMT dari perkiraan Juli 5 MMT\u00a0\u00a0 sehingga\u00a0 membuat India\u00a0 diijinkan untuk menaikkan ekspor.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">the India Sugar Mill Association (ISMA)<\/span><\/b><span data-contrast=\"none\"> melaporkan \u00a0hari Rabu bahwa produksi gula <\/span><b><span data-contrast=\"none\">India<\/span><\/b><span data-contrast=\"none\"> dari Oktober sampai 31Desember naik 24% dari tahun lalu 11.83 MMT<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Harga gula turun\u00a0pada awal bulan lalu\u00a0karena meningkatnya ekspor gula India, setelah Sekretaris Pangan India mengatakan bahwa pemerintah mengijinkan tambahan ekspor untuk mengurangi pasokan domestik yang melimpah. Pada bulan lalu\u00a0 <\/span><b><span data-contrast=\"none\">Kementerian Pangan India<\/span><\/b><span data-contrast=\"none\">\u00a0 mengijinkan ekspor 1.5 MMT gula di tahun 2025\/26. India memperkenalkan sistem kuota untuk mengekspor gula di 2022\/23 setelah terlambatnya hujan membuat produksi berkurang membuat\u00a0 terbatasnya\u00a0\u00a0 pasokan domestik.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Outlook dari hasil panen gula yang mencapai rekor menurunkan harga gula di Brazil. Pada 4 Nopember <\/span><b><span data-contrast=\"none\">Conab <\/span><\/b><span data-contrast=\"none\">menaikan\u00a0 perkiraan hasil gula Brazil menjadi 45 MMT dari perkiraan sebelumnya\u00a0 44.5 MMT<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Unica<\/span><\/b><span data-contrast=\"none\">\u00a0 melaporkan\u00a0 pada 16 Desember \u00a0produksi gula kumulatif\u00a0 2025\/26 di <\/span><b><span data-contrast=\"none\">Brazil<\/span><\/b><span data-contrast=\"none\">\u00a0\u00a0 di Tengah \u2013 Selatan\u00a0\u00a0 pada\u00a0\u00a0 bulan Nopember naik1.1%\u00a0 dari tahun\u00a0\u00a0 lalu\u00a0\u00a0 menjadi 39.904 MMT. Jumlah tebu yang digiling menjadi gula naik 51.12% di 2025\/26 dari 48.34% di 2024\/25<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Harga gula turun meneruskan penurunan pada 17 Nopember ketika <\/span><b><span data-contrast=\"none\">the International Sugar Organization (ISO)<\/span><\/b><span data-contrast=\"none\"> memperkirakan surplus 1.625 juta MT di 2025\/26 setelah di 2024\/25 defisit 2.916 juta MT.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Menurut ISO surplus <\/span><\/b><span data-contrast=\"none\">terjadi karena kenaikan produksi gula <\/span><b><span data-contrast=\"none\">India, Thailand dan Pakistan.\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Pada bulan Agustus ISO memperkirakan gula global di tahun 2025\/26\u00a0\u00a0 defisit 231,000 MT\u00a0\u00a0\u00a0\u00a0<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">The ISO <\/span><\/b><span data-contrast=\"none\">memperkirakan\u00a0 produksi gula global 2025\/26 naik 3.2%\u00a0 menjadi 181.8 juta MT<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Pedagang gula Czarnikow pada 5 Nopember menaikkan perkiraan surplus 2025\/26 menjadi 8.7 MMT naik 1.2 MMT dari perkiraan bulan September 7.5 MMT.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Outlook produksi gula Thailand meningkat\u00a0 sehingga harga gula\u00a0 turun setelah Laporan dari <\/span><b><span data-contrast=\"none\">the Thai Sugar Miller Corp<\/span><\/b><span data-contrast=\"none\"> pada 1 Oktober hasil gula Thailand di 2025\/26 naik\u00a0 5% dari tahun lalu 10.5 MMT.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Pada 16 Desember Laporan\u00a0\u00a0 <\/span><b><span data-contrast=\"none\">USDA\u00a0\u00a0 <\/span><\/b><span data-contrast=\"none\">dalam laporan tahunan,\u00a0 memperkirakan produksi\u00a0 gula global di 2025\/26 naik 4.6% dari tahun lalu menjadi 189,318 MMT <\/span><b><span data-contrast=\"none\">perkiraan USDA \u2013 FAS<\/span><\/b><span data-contrast=\"none\"> konsumsi\u00a0 gula global naik 1.4% dari tahun lalu mencapai rekor 177.921 MMT\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><span data-contrast=\"none\">Perkiraan persediaan akhir gula global\u00a0 turun 2.9% dari tahun lalu menjadi 41.188 MMT.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">USDA -FAS\u00a0 <\/span><\/b><span data-contrast=\"none\">dalam laporan tahunan,\u00a0 memperkirakan produksi<\/span><span data-contrast=\"none\">\u00a0 gula Brazil di 2025\/26 akan naik 2.3% dari tahun lalu mencapai rekor 44.7 MMT. FAS juga melaporkan produksi gula India di 2025\/26 naik 25% dari tahun lalu menjadi 35.25 MMT, karena hujan turun dan perluasan area tanaman.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">FAS melaporkan produksi gula Thailand 2025\/6 naik 2% menjadi 10.25 MMT.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<h4><b><span data-contrast=\"none\">Analisa tehnikal untuk gula\u00a0<\/span><\/b><i><span data-contrast=\"none\">\u00a0<\/span><\/i><span data-contrast=\"none\">\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/h4>\n<p><span data-contrast=\"none\">Support pertama di $14.80 dan berikut ke $14.40<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Resistance pertama di $15.40 dan berikut ke $ 15.80<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<h4><b><span data-contrast=\"none\">KAKAO<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/h4>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-591015 aligncenter\" src=\"https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/kakao2025-300x162.jpg\" alt=\"\" width=\"576\" height=\"311\" srcset=\"https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/kakao2025-300x162.jpg 300w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/kakao2025-768x416.jpg 768w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/kakao2025-776x420.jpg 776w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/kakao2025-696x377.jpg 696w, https:\/\/vibiznews.com\/wp-content\/uploads\/2026\/01\/kakao2025.jpg 852w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/p>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<b>S<\/b><\/span><b><span data-contrast=\"none\">ummary pergerakan harga kakao<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"42\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga kakao di tahun 2025 turun 28.9%<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"42\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga kakao tertinggi pada 20 Mei di $907 <\/span><\/b><i><span data-contrast=\"none\">Kekhawatiran Cuaca <\/span><\/i><span data-contrast=\"none\">di Afrika Barat . Walaupun hujan turun pada saat ini di Afrika Barat namun kekeringan masih di sepertiga <\/span><b><span data-contrast=\"none\">Ghana dan Ivory Coast <\/span><\/b><span data-contrast=\"none\">menurun the African Flood and Drought Monitor.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:300,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"42\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Harga kakao terendah pada 26 Nopember $509<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:390,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"none\">Pada hari terakhir 31 Desember 2025<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Harga kakao Maret di ICE New York <\/span><\/b><span data-contrast=\"none\">naik $2 (0.03%) menjadi $6,069 per ton. <\/span><b><span data-contrast=\"none\">Harga kakao Maret di ICE London<\/span><\/b><span data-contrast=\"none\"> naik $11 (0.25%)<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Harga kakao naik pada hari Rabu<\/span><\/b><span data-contrast=\"none\"> tanggal 31 Desember konsolidasi masih di bawah harga tertinggi 2 minggu pada hari Senin. Sementara harga kakao di London naik tinggi pada hari Rabu setelah GBP turun ke kurs terendah 1 minggu.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><strong>Analisa Fundamental Pergerakan Harga<\/strong> <strong>Kakao<\/strong><\/p>\n<p><span data-contrast=\"none\"><strong>Pada hari Senin lalu<\/strong> harga kakao naik ke harga tertinggi 2 minggu karena kakao yang tiba di Ivory Coast menunjukkan terbatasnya pasokan. <\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Pemerintah Ivory Coast<\/span><\/b><span data-contrast=\"auto\"> melaporkan pada<\/span><b><span data-contrast=\"auto\"> hari Senin<\/span><\/b><span data-contrast=\"auto\"> bahwa petani mengirimkan 59,708 \u00a0MT kakao ke <\/span><b><span data-contrast=\"auto\">pelabuhan Ivory Coast\u00a0<\/span><\/b><span data-contrast=\"auto\"> selama seminggu sampai 28 Desember turun 27% dibanding \u00a0 tahun lalu pada periode yang sama.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Data kumulatif<\/span><\/b> <span data-contrast=\"auto\">petani mengirimkan \u00a0\u00a0kakao ke<\/span><b><span data-contrast=\"auto\"> pelabuhan Ivory Coast<\/span><\/b><span data-contrast=\"auto\">\u00a0 1.029 \u00a0MMT dari 1 Oktober sampai 28 Desember turun 2% dari 1.050 MMT di tahun lalu pada periode yang sama.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Harga kakao naik\u00a0 setelah administrator the Bloomberg\u00a0 Commodity Index (BCOM)<\/span><\/b><span data-contrast=\"auto\"> mengatakan bahwa kakao akan <\/span><b><span data-contrast=\"auto\">dimasukkan kedalam indeks<\/span><\/b><span data-contrast=\"auto\"> untuk pertama kalinya setelah 2 decade mulai Januari yang dapat memicu pembelian oleh dana komoditas pasif yang mengikuti indeks tersebut. Menurut Citigroup masuknya Kakao di ICE New York ke BCOM akan membuat<\/span><b><span data-contrast=\"auto\"> pembelian\u00a0 kakao di ICE New York menjadi $2 milyar<\/span><\/b><span data-contrast=\"auto\"> pada awal Januari<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Persediaan turun<\/span><\/b><span data-contrast=\"auto\">\u00a0 membuat harga kakao\u00a0 naik\u00a0 setelah\u00a0\u00a0 ICE mengatakan bahwa\u00a0 jumlah persediaan kakao di pelabuhan AS turun\u00a0 ke jumlah terendah 9 1\/2\u00a0 bulan\u00a0 menjadi 1,626,105 \u00a0kantong pada hari\u00a0 Jumat<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Cuaca yang membaik di Afrika Barat diperkirakan akan menaikkan hasil dan persediaan yang akan menurunkan harga.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Petani di Ivory Coast <\/span><\/b><span data-contrast=\"none\">melaporkan campuran dari hujan dan sinar matahari membantu tanaman kakao untuk berbunga dan petani di <\/span><b><span data-contrast=\"none\">Ghana<\/span><\/b><span data-contrast=\"none\"> mengatakan hujan regular dan membantu tanaman kakao dan pertumbuhan buah menjelang musim harmattan.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Pabrik coklat Mondelez International\u00a0<\/span><\/b><span data-contrast=\"auto\"> mengatakan\u00a0\u00a0 bahwa hasil panen\u00a0 buah kakao terakhir di Afrika Barat naik 7% diatas rata-rata 5 tahun dan naik dari tahun lalu. Panen utama mulai berlangsung di Ivory Coast dan petani optimis kualitas kakao baik.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Pada 28 Nopember <\/span><b><span data-contrast=\"auto\">the International Cocoa Organization (ICCO) <\/span><\/b><span data-contrast=\"auto\">memotong perkiraan surplus 2024\/25 menjadi 49,000 MT dari perkiraan sebelumnya 142,000 MT. Juga menurunkan produksi kakao 2024\/25 menjadi 4.69 MMT dari 4.84 MMT sebelumnya.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Harga kakao tertekan pada 26 Nopember karena tekanan\u00a0 sejak hari Rabu <\/span><b><span data-contrast=\"auto\">Parlemen\u00a0\u00a0 Uni Eropa<\/span><\/b><span data-contrast=\"auto\"> setuju untuk menunda Peraturan Undang \u2013 undang\u00a0 Deforestation\u00a0 selama satu tahun sehingga pasokan kakao tetap memadai.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Regulasi Uni Eropa <\/span><\/b><span data-contrast=\"auto\">yang dikenal dengan <\/span><b><span data-contrast=\"auto\">EUDR <\/span><\/b><span data-contrast=\"auto\">bertujuan untuk mengatasi deforestasi di negara-negara yang impornya\u00a0\u00a0 ke Uni\u00a0\u00a0 Eropa\u00a0 untuk\u00a0 komoditas\u00a0 utama\u00a0 seperti kedelai dan kakao. Penundaan EUDR yang\u00a0 diperkirakan\u00a0 akan\u00a0 diberlakukan\u00a0\u00a0 pada akhir Desember .<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Penundaan ini mengurangi kekhawatiran akan pasokan dan mengijinkan negara Eropa\u00a0 untuk mengimpor\u00a0 produk pertanian dari <\/span><b><span data-contrast=\"auto\">Afrika, Indonesia\u00a0 dan Amerika Selatan <\/span><\/b><span data-contrast=\"auto\">dimana deforestasi berlangsung<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Permintaan kakao global turun sehingga menekan harga kakao.\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"39\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">The Cocoa Association of Asia <\/span><\/b><span data-contrast=\"auto\">melaporkan pada 17 Oktober,\u00a0\u00a0 kakao\u00a0 yang digiling di Q3 di Asia turun 17% dari tahun lalu menjadi 183,413 MT terendah untuk Q3 dalam 9 tahun<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"39\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">The European Cocoa Association<\/span><\/b><span data-contrast=\"auto\"> melaporkan pada 16 Oktober\u00a0 kakao\u00a0 yang\u00a0 digiling pada Q3 di Eropa turun 4.8% menjadi 337.353 MT terendah untuk Q3 dalam 10 tahun<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"39\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">The National Confectioners Association<\/span><\/b><span data-contrast=\"auto\">\u00a0 melaporkan\u00a0 bahwa\u00a0 kakao\u00a0 yang\u00a0 digiling\u00a0 di Amerika Utara pada Q3\u00a0 naik\u00a0\u00a0\u00a0 3.2%\u00a0 dari tahun\u00a0 lalu\u00a0 menjad i 112,784 MT. Aspek kenaikan pada Q3\u00a0 menjadi\u00a0 netral\u00a0 karena\u00a0 ada\u00a0 tambahan\u00a0 laporan dari\u00a0 perusahaan baru mendistorsi data<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"39\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Penjualan permen coklat di Amerika Utara<\/span><\/b><span data-contrast=\"auto\"> turun dari 21%\u00a0 dalam\u00a0 13\u00a0 minggu\u00a0 berakhir 7 September,\u00a0 dibanding\u00a0 tahun lalu\u00a0 menurut data\u00a0 dari Circana.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Nigeria Cocoa Association\u00a0<\/span><\/b><span data-contrast=\"auto\"> memperkirakan produksi\u00a0\u00a0\u00a0 kakao Nigeria\u00a0 di tahun\u00a0 2025\/26 turun 11% dari tahun lalu menjadi 305,000 MT\u00a0 dari perkiraan sebelumnya\u00a0 344,000 MT di 2024\/25.<\/span><b><span data-contrast=\"auto\">\u00a0 Ekspor kakao September di Nigeria<\/span><\/b><span data-contrast=\"auto\">\u00a0 tidak berubah dari tahun lalu di 14,511 MT<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Pada 30 Mei\u00a0 the International Cocoa Organization (ICCO)\u00a0<\/span><\/b><span data-contrast=\"auto\"> memperbaiki\u00a0 perkiraan\u00a0\u00a0 persediaan kakao global 2023\/24 defisit 494,000 MT\u00a0 dari\u00a0 perkiraan\u00a0\u00a0 Februari defisit 441,000 MT defisit terbesar lebih dari 60 tahun. <\/span><b><span data-contrast=\"auto\">Produksi ICCO<\/span><\/b><span data-contrast=\"auto\"> 2023\/24 turun 13.1% dari tahun lalu menjadi 4,380 MMT.Ratio persediaan kakao\/ kakao digiling 27% ratio terendah 46 tahun.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<h4><b><span data-contrast=\"auto\">Analisa tehnikal untuk kakao di New York\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/h4>\n<p><span data-contrast=\"auto\">Support pertama di $5,860 dan berikut ke $5,270<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Resistance pertama di $6,480 dan berikut ke $6,990<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Loni T \/ Senior Analyst Vibiz Research Centre Division, Vibiz Consulting<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:300}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Vibiznews \u2013 Commodity) &#8211; Review Harga Kopi \u2013 Gula \u2013 Kakao pada tahun 2025\u00a0 Ditahun 2025 yang sangat berpengaruh :\u00a0 Pelantikan Presiden AS Donald Trump di bulan Januari membuat banyak kebijakan baru yang mempengaruhi pasar\u00a0komoditas.\u00a0 Kebijakan Tarif AS membuat harga komoditas dari luar AS menjadi lebih mahal seperti Kopi \u2013 Gula \u2013 Kakao sehingga persediaan [&hellip;]<\/p>\n","protected":false},"author":101019,"featured_media":591145,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[669,7,3479,6273],"tags":[6601,6603,7907,3445,9407,8915,7803,9435,2505,9635,9439,3441,3119,13369,2513,4247],"class_list":["post-591009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-column","category-commodity","category-market-mover","category-yearly-review","tag-brazil","tag-cecafe","tag-conab","tag-gula","tag-icco","tag-ice-london","tag-ice-new-york","tag-ico","tag-india","tag-iso","tag-ivory-cost","tag-kakao","tag-kopi","tag-safras-and-mercado","tag-thailand","tag-vietnam"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Market Review Harga Kopi - Gula - Kakao 2025 - Vibiznews.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vibiznews.com\/index.php\/2026\/01\/07\/market-review-harga-kopi-gula-kakao-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Review Harga Kopi - Gula - Kakao 2025 - Vibiznews.com\" \/>\n<meta property=\"og:description\" content=\"(Vibiznews \u2013 Commodity) &#8211; 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