Ivory Coast Arrivals Surge, Pressuring Cocoa Prices
Cocoa prices slipped as supply signals improved. Ivory Coast port arrivals in the current marketing year reached 2.14 million tonnes, up 19% year on year, weighing on sentiment.
On ICE New York, December cocoa futures fell 2.97%. In London, cocoa eased 0.91% from an 11-month high.
In Ghana, 2026/27 cocoa output is forecast at 650,000 tonnes, down 13% from the prior year. Early assessments for the new season indicate production could drop to around 1.8 million tonnes, an 18% decline versus last season.
