New York March 2026 cocoa posted a modest but meaningful recovery this week, bouncing off the $5,000–$5,050 support band as tightening fundamentals and aggressive short-covering lifted prices. London followed, helped by concentrated liquidity on Thursday when it became the sole active venue due to the US holiday.
Cocoa futures surged driven by weather delays, tightening supply signals, and aggressive short-covering. Volumes jumped across both exchanges, confirming real participation while ICCO’s revised deficit outlook keeps the market on edge.
London cocoa rallied as all trading flowed into Europe during the US holiday, amplifying weather-driven supply fears. Weak arrivals, low inventories, delayed Harmattan, and limited producer hedging added support, keeping upward bias intact.
Cocoa held steady as rain-driven harvest delays clash with weak liquidity. Low inventories and stalled arrivals keep the market tight, but momentum is stuck. The European Parliament formally backed a one-year postponement and simplification of the EU Deforestation Regulation
The EU has delayed its deforestation regulation—but what does this mean for cocoa farmers, exporters, and global supply chains? Here’s the reality behind the headlines.
Cocoa futures spent most of yesterday retracing from early-session lows, with both New York and London staging intraday recoveries — but neither market managed a decisive breakout. In New York, March 2026 futures rebounded from the $5,000–$5,050 support zone and stabilized around $5,110, forming a short-term consolidation
Ecuador Is Quietly Positioning to Replace West Africa
Cocoa futures opened the shortened US trading week quietly, but with a noticeable divergence between regions: the US March 2026 contract ended the session higher, while London futures continued to weaken. New York prices have repeatedly bounced between $5,000 and $5,200, a support band that has held over
Past Week 47 Weather Review Rainfall Performance (Past 7 Days) Côte d’Ivoire: * Central and western cocoa belt extremely dry — 10–25% of normal rainfall. * Southeastern belt also below normal (25–50%). * Very limited pockets of normal rainfall. ➡️ Soil moisture stress is increasing quickly across core producing regions. Ghana: * Western
New York March 2026 cocoa fell about 5.1% on the week, from $5,436 on Monday to $5,159 on Friday. London March 2026 dropped roughly 5.0%, from £4,084 to £3,879. The decline was driven entirely by tariffs, EUDR headlines and forced liquidation — while supply conditions
Daily cocoa market analysis and news covering ICE futures, Ivory Coast & Ghana supply, weather outlook, certified stocks, Harmattan risk, and next-day trading expectations.
Deficit or Surplus? What to Expect for the 2025/26 Cocoa Balance