Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

REVEALED: Cocoa prices settle lower on abundant supplies | Rare Historical Photos

May ICE NY cocoa (CCK26) on Tuesday closed down -25 (-0.81%), and March ICE London cocoa #7 (CAH26) closed down -36 (-1.65%).

Cocoa prices moved lower on Tuesday, with May NY cocoa posting a contract low and Mar London cocoa posting a new 2.75-year nearest futures low.  Cocoa prices are in the midst of a seven-week-long downtrend, with nearest-futures (H26) NY cocoa posting a 2.75-year nearest-futures low last Friday amid robust global supplies and slack demand.  On January 29, StoneX forecasted a global cocoa surplus of 287,000 MT in the 2025/26 season and a 267,000 MT surplus for 2026/27.  Also, the International Cocoa Organization (ICCO) reported on January 23 that global cocoa stocks rose +4.2% y/y to 1.1 MMT.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.