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Barchart
Rich Asplund

Cocoa Prices Plummet on Ample Near-Term Supplies

Ice Ivory Coast Ghana London NY

December ICE NY cocoa (CCZ26) is down -408 (-7.07%) today, and December ICE London cocoa #7 (CAZ26) is down -282 (-6.63%).

Cocoa prices plummeted to 7-week lows today on the outlook for ample near-term supplies. Cocoa prices have been under pressure over the past two weeks on signs of higher cocoa output in the Ivory Coast. The Ivory Coast cocoa regulator, Le Conseil du Café Cacao, reported on September 2 that Ivory Coast harvested 2.06 MMT of cocoa from June 2025 to June 2026, up +30% from 1.58 MMT a year earlier.

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