Daily Cocoa Reports and News

Cocoa Falls as Short-Covering Rally Fades; Ghana Financing Risks and West African Dryness Support Longer-Term Bullish Outlook (8 May 2026)

Daily Cocoa Reports and News

Cocoa Falls as Short-Covering Rally Fades; Ghana Financing Risks and West African Dryness Support Longer-Term Bullish Outlook (8 May 2026)

* Cocoa futures fell sharply on Friday * Ghana is preparing a $1 billion local-currency bond to provide COCOBOD with liquidity to finance cocoa purchases and maintain farm support programs ahead of the 2026/27 season. * COCOBOD is reportedly carrying approximately 673 million cedis ($60 million) in debt, while some farmers are

Cocoa Futures Rally Extends as London Cocoa Surges Over 5% Amid Ghana Supply Concerns and Weather Risks (7 May 2026)

Daily Cocoa Reports and News

Cocoa Futures Rally Extends as London Cocoa Surges Over 5% Amid Ghana Supply Concerns and Weather Risks (7 May 2026)

* London cocoa outperformed New York, with most London contracts rising more than 5% while New York gained around 2% across the curve. * Reuters reported that Ghana’s state-owned cocoa buyer PBC is facing severe financial distress and potential asset seizures after accumulating substantial debts, raising concerns over internal cocoa purchasing