Ecuador’s Cocoa Exports Reportedly Double in September, Adding to Global Supply
The full report connects futures performance with physical supply, weather, processing demand and changes in exchange inventories. CocoaIntel examines how these developments affect market structure and the next trading session.
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Sugar futures diverged on Tuesday. March raw sugar fell for a third session, settling at 20.52 cents/lb, while May and July gained. December white sugar edged up to $547.10/tonne, but March and May whites declined. The recovery was selective, with neither nearby market establishing a reversal.
Arabica reversed after reaching a six-week high, with producer selling and profit taking interrupting the recent advance. December settled 1.39% lower at 311.30 cents/lb, retaining part of Monday’s gain. Robusta also weakened. November briefly crossed $3,500/t before retreating towards $3,400, while the
Cocoa extended its recovery on Tuesday, 20 October, although both markets surrendered part of their intraday gains. New York December rebounded from an early low of $5,634/t, accelerated through $5,800 and reached $5,903 before easing back towards $5,800 late in the session. It settled at
Sugar futures fell for a second session on Monday. March raw sugar settled at 20.57 cents/lb, down 1.34%, while December white sugar lost 1.46% to $546.80/tonne. Nearby contracts underperformed later deliveries in both markets, weakening calendar spreads alongside outright prices. ContractSettlementDaily changeChange %Session rangeRaw