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Barchart
Rich Asplund

Cocoa Prices Slump on Abundant Supplies

Ice Ivory Coast Ghana London NY

December ICE NY cocoa (CCZ26) closed down -445 (-7.71%) on Friday, and December ICE London cocoa #7 (CAZ26) closed down -318 (-7.48%).

Cocoa prices plummeted to 7-week lows on Friday and settled sharply lower as global supplies remain abundant. 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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