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.
Daily Cocoa Market Reports
* Cocoa futures rebounded sharply on March 31, with NY May gaining around 3–4% in a short-covering rally * Ivory Coast cocoa arrivals for the 2025/26 season reached about 1.423 million tonnes as of March 29, down 1.2% year-on-year * Demand outlook remains weak, with preliminary
Daily Cocoa Market Reports
* 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
Daily Cocoa Market Reports
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
Daily Cocoa Market Reports
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
Daily Cocoa Market Reports
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
Daily Cocoa Market Reports
* 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,
Daily Cocoa Market Reports
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
Daily Cocoa Market Reports
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
Daily Cocoa Market Reports
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
Daily Cocoa Market Reports
* 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/
Daily Cocoa Market Reports
* 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
Daily Cocoa Market Reports
* 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