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Rich Asplund

REVEALED: Abundant cocoa supplies pressures prices | Vintage Vibes

Ice ICCO London NY Ivory Coast Ghana

December ICE NY cocoa (CCZ25) today is down -71 (-1.05%), and December ICE London cocoa #7 (CAZ25) is down -33 (-0.70%).

Cocoa prices added to this week's losses today, with NY cocoa posting an 11-month nearest-futures low and London cocoa posting a 19-month low. The outlook for abundant global cocoa supplies is pressuring prices. Cocoa deliveries in Ghana, the world's second-largest cocoa producer, have surged and are weighing on prices. Cocoa arrivals to ports in Ghana in the four weeks ending September 4 reached 50,440 MT compared to about 11,000 MT delivered in the same period in 2024.

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