September ICE NY cocoa (CCU26) today is down -48 (-0.92%), and September ICE London cocoa #7 (CAU26) is down -14 (-0.36%).
Cocoa prices are moving lower today as they consolidate above Tuesday’s 3.5-week lows. Losses in cocoa are limited after StoneX today cut its 2026/27 global cocoa surplus estimate to 25,000 MT from a forecast of 149,000 MT in April, citing risks to the West African cocoa crop from an expected El Niño.