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Rich Asplund

Abundant Ivory Coast Cocoa Supplies Weigh on Prices

Ice the Ivory Coast NY ICCO London StoneX

July ICE NY cocoa (CCN26) today is down -46 (-1.22%), and July ICE London cocoa #7 (CAN26) is down -12 (-0.41%). Cocoa prices retreated to 2.5-week lows today amid signs of abundant supplies. The Ivory Coast today boosted its estimate of cocoa that’s reached its ports by more than 260,000 MT so far this season. Cumulative data from the Ivory Coast now show that farmers shipped 1.95 MMT of cocoa to ports in the current marketing year (October 1, 2025, through June 7, 2026), up +18.9% from the same period a year ago.

Rising cocoa inventories are also bearish for prices. ICE cocoa inventories rose to a 1.75-year high of 2,929,074 bags last Friday.

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