Cocoa Prices Hold Near $5,400

2026-10-30 15:59 By Luisa Carvalho 1 min. read

Cocoa futures hovered around $5,400 a tonne, holding close to their lowest since early October, pressured by a sustained increase in ICE inventories.

The volume of cocoa held in ICE-monitored warehouses has grown throughout the year, reaching a 2.5-year high of 3,688,949 bags by October 29.

Meanwhile, farmers in Ivory Coast, the world's largest cocoa producer, reported that despite below-average rainfall across most growing regions, conditions remained adequate to support the current September-to-February main crop.

The outlook for the broader 2026/27 season, however, is less encouraging.

StoneX projects global production to decline by 9.6% to 4.74 million tonnes, potentially turning a 494,000-tonne surplus in 2025/26 into a 64,000-tonne deficit.

Output is expected to contract across several major producers, including Ivory Coast, Ghana, Ecuador and Indonesia, amid weather disruptions associated with El Niño.



News Stream
Cocoa Prices Hold Near $5,400
Cocoa futures hovered around $5,400 a tonne, holding close to their lowest since early October, pressured by a sustained increase in ICE inventories. The volume of cocoa held in ICE-monitored warehouses has grown throughout the year, reaching a 2.5-year high of 3,688,949 bags by October 29. Meanwhile, farmers in Ivory Coast, the world's largest cocoa producer, reported that despite below-average rainfall across most growing regions, conditions remained adequate to support the current September-to-February main crop. The outlook for the broader 2026/27 season, however, is less encouraging. StoneX projects global production to decline by 9.6% to 4.74 million tonnes, potentially turning a 494,000-tonne surplus in 2025/26 into a 64,000-tonne deficit. Output is expected to contract across several major producers, including Ivory Coast, Ghana, Ecuador and Indonesia, amid weather disruptions associated with El Niño.
2026-10-30
Cocoa Hits 4-week Low
Cocoa decreased to 5374.00 USD/T, the lowest since October 2026. Over the past 4 weeks, Cocoa gained 0.22%, and in the last 12 months, it decreased 12.33%.
2026-10-30
Cocoa Futures Hover Around $5,600
Cocoa futures stabilized around $5,600 a tonne, close to their lowest since early October, amid signs of rising inventories. ICE cocoa inventories have steadily expanded since the start of the year, reaching a 2.5-year high of 3,635,354 bags by October 21. Still, signs of improving demand and concerns over West African supplies limted the downside. Cocoa grindings across key processing regions rose 14.3% in Q3, beating market expectations as Asian processing jumped 29.2% and European volumes increased by 3.2%. North America was the exception, recording a 2.5% decline. On the supply side, concerns are mounting over the 2026/27 West African cocoa crop. Below-average rainfall in the Ivory Coast has raised fears of weaker pod development, while Ghana is also facing a potentially smaller harvest amid weather-related stress and crop disease. The expected strong impact of El Niño adds further uncertainty.
2026-10-22