Cocoa Daily Report
Cocoa Reverses Sharp Sell-Off as Buyers Defend Key Support (1 October 2026)
New York December cocoa reversed a sharp sell-off on Thursday, 1 October, after opening at $5,354/t. Following an early decline, a recovery towards $5,220 failed to hold, and renewed selling pushed the contract to $5,051, 5.38% below Wednesday’s last-traded close. Buying subsequently