Daily Cocoa Reports and News
* Ivory Coast cocoa arrivals reached 1.423 million tons as of March 29, down 1.2% year-on-year * Farmers continue to sell actively despite lower farmgate prices * Weather conditions are improving * Demand remains weak, with first-quarter grinding expected to decline across Europe, Asia, and North America Cocoa futures came under renewed
Daily Cocoa Reports and News
News flow into the end of the week remained relatively light, with no major market-moving developments, reinforcing the predominantly technical nature of recent price action. Weather conditions in West Africa continue to be mixed. According to CRA, cumulative 30-day rainfall in Ivory Coast and Ghana is at or above 100mm,
Daily Cocoa Reports and News
The absence of fundamental drivers confirms that the 26 March rebound was purely technical and positioning-driven, rather than a reaction to new information. The prior session (25 March) reflected aggressive selling with rising open interest, pointing to new short positioning. The subsequent recovery on 26 March, in the absence of
Daily Cocoa Reports and News
Cocoa futures extended their decline during the session, with the nearby contracts falling sharply on a day-on-day basis. May-26 declined by 3.03%, with similar losses across the front of the curve (Jul-26 -2.79%, Sep-26 -2.72%), reflecting broad-based selling pressure and weak sentiment. Prices closed near session lows,
Daily Cocoa Reports and News
* Ivory Coast grindings rose +1.1% y/y in February * Cocoa arrivals reached 1.392m tons as of Mar 22, * Weather conditions remain suboptimal * Quality concerns emerging * Mid-crop estimate currently around 400,000 tons, but highly sensitive to near-term weather developments Cocoa futures extended losses into 23-Mar, with both New
Daily Cocoa Reports and News
Cocoa prices moved lower on Friday, with New York cocoa falling to a two-week low. The decline was primarily driven by macro factors, notably a stronger U.S. dollar. There were no major fundamental developments on Friday. Price action appeared largely technical, with the market reacting to macro conditions and
Daily Cocoa Reports and News
Cocoa futures rebounded sharply on 19 March, reversing the broad-based liquidation observed in the prior session. Gains were consistent across the curve in both New York and London, with a modest front-end leadership. Cocoa markets continue to face fundamental pressure from weak origin-side demand, even as prices attempt to stabilize
Daily Cocoa Reports and News
Cocoa futures extended their decline on 18 March when assessed on a close-to-close basis, confirming that underlying selling pressure persisted despite the prior session’s settlement-based stabilization. The move reflects continued liquidation across both major markets rather than a temporary pause in the downtrend. News flow was limited, with no
Daily Cocoa Reports and News
* Ecuador Feb exports -10.98% y/y; season exports still +3.09% * Ecuador 2025/26 export outlook strong at ~608–615k tons * Ivory Coast mid-crop expected solid, with peak May–July * Ivorian arrivals at 1.37m tons, down 3.1% y/y * Global balance points to surplus in 2025/26
Daily Cocoa Reports and News
* Ivory Coast farmers expect a strong cocoa mid-crop, supported by healthy pod development despite below-average rainfall last week in several growing regions. * However, rainfall remains uneven across regions, and continued dry conditions in some areas could still limit yields if weather does not improve. * No Ivory Coast port arrival figures
Daily Cocoa Reports and News
* Cocoa futures closed mixed Friday, with New York extending losses while London contracts edged higher. * Currency moves drove the divergence, as a stronger dollar pressured U.S. prices while a weaker pound supported London cocoa. * Ghana’s COCOBOD has delayed repayment of more than $400 million in loans owed to
Daily Cocoa Reports and News
* Ghana’s COCOBOD assured farmers that there will be no further reductions in the cocoa farmgate price, aiming to stabilize producer confidence amid falling global prices. * Brazil’s plans for large-scale cocoa plantations are slowing sharply after the recent price decline, with industry estimates suggesting that around half of the