Cocoa Daily Report

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

Cocoa Daily Report

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

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

Cocoa Daily Report

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

By Georgi Uzunov