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Rich Asplund

UNBELIEVABLE: Abundant supplies slam cocoa prices - The Untold Story

Ice Ivory Coast London

September ICE NY cocoa (CCU26) today is down -256 (-4.76%), and September ICE London cocoa #7 (CAU26) is down -178 (-4.43%).

Cocoa prices gave up an early advance today and tumbled to 3-week lows on signs of larger global cocoa supplies. Today’s cumulative data from the Ivory Coast showed that farmers shipped 2.11 MMT of cocoa to ports in the current marketing year (October 1, 2025, through July 26, 2026), up +21% from the same period a year ago. Also, Bloomberg reported on July 16 that Nigerian cocoa exports in June rose 30% y/y to 18,922 MT.

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