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Market Impact: 0.35

Supply Fears Push Cocoa Prices to 11-Month Highs

Source: Nasdaq

Commodities & Raw MaterialsEnergy Markets & PricesMarket Technicals & Flows

ICE NY cocoa December 2026 (CCZ26) is up +444 (+7.19%) and ICE London cocoa #7 September 2026 (CAU26) is up +363 (+8.27%), marking a sharp two-day rally to 11-month highs. The move is driven by concerns over the quality of this year’s West African cocoa crop, tightening expectations for near-term supply. The price action is likely to affect cocoa-related equities and downstream cost assumptions in the sector.

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