Cocoa Futures at Over 2-Week High

2025-12-29 12:25 By Luisa Carvalho 1 min. read

Cocoa futures climbed above $6,200 per tonne, reaching the highest level since December 12, partly supported by expectations for index-related buying tied to the addition of cocoa futures to the Bloomberg Commodity Index (BCOM) starting in January.

Meanwhile, the latest data showed cocoa arrivals at ports in top grower Ivory Coast totalled 1.02 million metric tons by December 28 since the start of the season on October 1, down 2.5% from the same period last season.

Separately, ICE-monitored cocoa inventories held in US ports fell to a 9.5-month low of 1,626,105 bags as of December 26.

Still, prices remain on track to fall more than 50% this year, amid the prospect of a partial recovery in global supply largely due to improving weather in the key producing region of West Africa.

Farmers in the Ivory Coast noted that the recent rainfall is likely to enhance February-to-March harvests, resulting in bigger and more abundant pods than during the same period last year.



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