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 cocoa Jul contract settles at 3,905, up +8.51% (+$306/ton) • Supply outlook tightens as fertilizer availability concerns build • El Niño risk rising, increasing threat to global cocoa production • Market pricing in elevated weather-related disruption risk • Ecuador mid-crop forecast cut on adverse weather conditions • Ivory
Cocoa Daily Report
Cocoa futures extended their recent recovery on Friday, with prices initially pushing higher before transitioning into a tight consolidation near session highs. New York futures gained roughly 0.7% to 0.8% across the curve, lifting the front months toward the 3600 area, supported by follow-through buying after the
Cocoa Daily Report
* Cocoa futures surged on Apr. 30, rising roughly 4%–5% across the curve * COCOBOD flagged illicit buying activity, with funds from licensed buyers allegedly used to purchase smuggled Ivorian beans, driven by widening origin price differentials. * The Hershey Company beat earnings expectations, supported by 10% organic price growth as companies
Cocoa Daily Report
* Cocoa futures extended their recovery on 29-Apr * StoneX cut its 2026/27 global cocoa surplus forecast to 149,000 tons from 267,000 tons (≈-44% revision) * For 2025/26, StoneX maintains a 247,000-ton surplus * Field-level data signals weakening input conditions: ~73% of Ivorian farmers have not
Cocoa Daily Report
* Cocoa futures rose on Apr-28, with New York and London both gaining about 2.4%, recovering part of the prior session’s losses * Expana sees mixed West African crop outlook * El Niño risk could further disrupt output, particularly in Ecuador * Mondelez beat Q1 revenue expectations, pointing to resilient chocolate
Cocoa Daily Report
* Cocoa futures fall 3–5%, with New York leading losses in a front-end driven sell-off * Ivory Coast arrivals steady at ~1.51m tons (+0.3% y/y), reflecting stable near-term supply * Below-average rainfall raises mid-crop risks, providing underlying bullish support Cocoa futures extended their decline
Cocoa Daily Report
Cocoa futures delivered a mixed but generally softer performance on 24-Apr, with New York showing a split curve and London posting a broad-based decline. In New York, the nearby May-26 contract extended gains by +0.65%, while the rest of the curve retreated modestly in a tight
Cocoa Daily Report
Cocoa futures extended their rebound on 23-Apr, building on the prior session’s reversal with a second consecutive day of gains across the curve. In New York, prices advanced in a broadly parallel move, with contracts rising by roughly +1.4% to +1.5%, indicating continued follow-through rather
Cocoa Daily Report
* Cocoa futures rebounded on 22-Apr, rising roughly 2–3.5% across New York and London * In Ghana, payment delays of up to six months are constraining farmers’ ability to harvest and deliver beans despite improved mid-crop yields * In Ivory Coast, authorities are considering shifting to quarterly farmgate price
Cocoa Daily Report
* Cocoa futures reversed on 21-Apr, with both New York and London declining across the curve * Demand signals are improving in emerging markets * Ghana trade data shows strong growth in processed cocoa exports in value terms * Expana cut its 2025/26 global surplus estimate by 14,000 tons * Cameroon farmgate
Cocoa Daily Report
* New York nearby contracts rose roughly +1.5% to +2.0%, while London gained +1.5% to +2.7% * Ivory Coast cocoa arrivals reached 1.482 million metric tons by April 19, broadly flat year-on-year (+0.1%), signaling steady overall supply flow. * The Cocoa Association (CRA) maintained a
Cocoa Daily Report
* Cocoa extends losses: New York July futures settle near $3,280/t, down over 5% on the day, with the front end continuing to lead the decline. * Ecuador March exports rise 2.2% y/y, with crop-year shipments up 3.0% * Brazil grind falls 0.8% y/y * Europe