Reduced Global Cocoa Surplus Prospects Lift Prices

Written on 04/29/2026
Rich Asplund

July ICE NY cocoa (CCN26 ) today is up +22 (+0.65%), and May ICE London cocoa #7 (CAK26 ) is up +20 (+0.80%). Cocoa prices are moving higher today on the prospects of a smaller global surplus. StoneX today cut its 2026/27 global cocoa surplus estimate to 149,000 MT from...Chocolate cocoa chopped on table by Simone_ph via Pixabay