Chocolate commodity intelligence
Stop negotiating chocolate ingredients blind.
From bean to insight, with expert analysis from a former Head of Cocoa Trading. Live prices and AI forecasts on cocoa, dairy, sugar, and more chocolate ingredients across all major regions.
Our users
Trusted by chocolate procurement teams
Built for scale
The intelligence platform behind your chocolate recipe
From cocoa and dairy to sugar and packaging, Vesper covers the full basket of ingredients behind every chocolate bar.
Cocoa markets have entered uncharted territory
Traditional approaches fail in the face of structural shifts and extreme volatility
Prices have surged to unprecedented levels
A single mistimed purchase can destroy quarterly margins. Traditional approaches fail in the face of structural shifts and extreme volatility.
Major origins face multi-year recovery
Historical supply patterns are no longer a reliable guide. What worked for a decade may not work again for years.
The market swings hard, day to day
By the time a report lands in your inbox, the opportunity it describes is often already gone.
The experts behind your data
Backed by traders and analysts who live in these markets
Martijn BronFormer Head of Cocoa Trading, Cargill These are insane moves in historic perspective. The market is pricing error in an illiquid environment, which is both fundamentally driven and technical.
Justine Rayne WhiteCocoa & Chocolate Analyst, Vesper Justine covers cocoa and the chocolate supply chain end to end, from origin fundamentals to downstream demand.
14 years in commodity markets, including Danone and ED&F Man
Key capabilities that drive success
Everything you need to master cocoa volatility
Forecasting for beans, butter, and powder
AI-driven price forecasts across the core cocoa derivatives.
Daily benchmarks
Reliable daily benchmarks for key cocoa derivatives.
Live origin differentials
Ghana, Ivory Coast, and Ecuador, tracked as their own markets.
Weather reports and outlooks
Regular reports, insights, and outlooks on the weather that moves origin supply.
See it in action
Schedule your chocolate demo
A 20-minute walkthrough tailored to your chocolate ingredient categories: live cocoa prices, forecasts, expert analysis from the trading floor, and cost models for your specific recipes.
Where the market is moving
The chocolate bar cost equation has changed
The best procurement teams don't just react to the market. Vesper gives you the tools to both defend your core costs and attack new opportunities.
Cocoa dominance
Cocoa is now your biggest, fastest-moving cost. Winning on cocoa is no longer optional.
The hidden opportunity
Real savings still sit across the rest of the recipe. Mastering those markets protects your margin just as much.
Recipe cost modeling
Model your entire recipe, from bean to bar
Go beyond tracking individual ingredients. With Vesper, you can model the whole product.
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Track end-product volatility
Instantly see how price swings in cocoa, dairy, or sugar impact the final cost of your products.
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Include non-ingredient costs
Factor in real-world expenses like labor, energy, transport, and overhead for a true cost-of-goods calculation.
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Test recipe changes instantly
Model volatility-mitigating scenarios. What's the cost impact of swapping cocoa butter for shea, or changing compositions?
What we track
Coverage across 20+ commodity markets
20,000+ price series across every major ingredient and material category. If your team buys it, Vesper likely benchmarks it.
Grains & oilseeds
Soft commodities
Industrial & inputs
