July ICE NY cocoa is up 22 points (+0.65%) and May ICE London cocoa is up 20 points (+0.80%) as prices firm on expectations for a smaller global surplus. StoneX also cut its 2026/27 global cocoa surplus estimate to 149,000 MT, reinforcing a tighter supply outlook. The move is supportive for cocoa futures, though the article does not indicate a major market-wide catalyst.
July ICE NY cocoa is up 22 points (+0.65%) and May ICE London cocoa is up 20 points (+0.80%) as prices firm on expectations for a smaller global surplus. StoneX also cut its 2026/27 global cocoa surplus estimate to 149,000 MT, reinforcing a tighter supply outlook. The move is supportive for cocoa futures, though the article does not indicate a major market-wide catalyst.
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mildly positive
Sentiment Score
0.20
Ticker Sentiment
