Independent daily cocoa market reports covering New York and London futures, price action, spreads, volume, open interest, arrivals, stocks, weather, trade flows and the outlook for the next trading session.
Cocoa Daily Report
* New York Dec-26 cocoa closed at $5,860, down 2.80%, after failing to hold an intraday recovery to $6,085. * Ghana faces potential new-season purchasing disruption as LBCs struggle with financing constraints and outstanding COCOBOD debt. * Côte d’Ivoire producer groups are escalating strike threats over the
Cocoa Daily Report
Cocoa futures rebounded on Monday after Friday’s broad sell-off, with gains recorded across both the New York and London curves. In New York, Dec-26 cocoa rose from $5,913 to $6,023, gaining $110, or 1.86%, while the rest of the comparable curve advanced by roughly
Cocoa Daily Report
Cocoa futures ended Friday with a pronounced intraday reversal, particularly in New York. Dec-26 initially rallied toward $6,200/t, but the advance failed to hold and was followed by a sustained sequence of lower highs and lower lows through the remainder of the session. Selling intensified after the
Cocoa Daily Report
New York cocoa was highly volatile on 10 September, with Dec-26 trading through a wide $245-per-tonne range between $5,786 and $6,031. Prices came under heavy pressure early in the session and briefly broke below $5,800, but the decline attracted buying and the contract recovered
Cocoa Daily Report
New York cocoa spent 9 September transitioning from liquidation into stabilization rather than delivering a full trend reversal. Dec-26 initially came under renewed pressure, falling to $5,814/t, as much as 1.91% below the previous session’s $5,927 level, but the $5,800–5,850 area
Cocoa Daily Report
December New York cocoa came under sustained selling pressure on 8 September, closing at $5,927/t, down $248, or 4.02%, from the previous session’s $6,175 close. After opening at $6,119 and reaching a session high of $6,237, the early rebound gave way to successive
Cocoa Daily Report
New York cocoa showed a failed intraday rally on Friday. Dec-26 opened at $6,180, advanced to a session high of $6,314, or 2.17% above the open, but the move was rejected and prices reversed sharply to a low of $6,149. The contract eventually closed at
Cocoa Daily Report
New York cocoa declined across the curve on 3 September. Dec-26 finished at $6,140, down $150, or 2.38%, after trading between $6,025 and $6,319. Prices initially moved higher before reversing sharply, but buying near $6,000 produced a late recovery from the session low. Losses
Cocoa Daily Report
New York cocoa came under heavy selling pressure on Wednesday, with the principal maturities declining by 3.36% to 3.88%. Dec-26 fell $219, or 3.36%, from $6,509 to $6,290 per tonne. The intraday chart shows selling accelerating sharply after an initially steadier period, briefly pushing
Cocoa Daily Report
Tuesday’s session was dominated by a failed attempt to extend Monday’s rally. December cocoa opened at $6,743 and initially gained $76, or 1.13%, to reach $6,819, but the move above $6,800 attracted heavy selling. A break below $6,700 accelerated the decline to an
Cocoa Daily Report
New York December cocoa extended Friday’s breakout on Monday, settling 1.99% higher at $6,768 per tonne in a shortened session. The contract initially retreated to $6,552.50, but buying quickly re-emerged, lifting prices to an intraday high of $6,821 before a firm close near
Cocoa Daily Report
New York cocoa futures surged on Friday, extending Thursday’s rebound into a sustained rally. The active Dec-26 contract gained $403, or 6.47%, to finish at $6,636 per tonne after trading between $6,211 and $6,687. Prices moved higher in successive waves throughout the session, with