Abundant Cocoa Supplies Weigh on Prices

Written on 11/03/2026
Rich Asplund

December ICE NY cocoa (CCZ26 ) closed down -21 (-0.39%) on Tuesday, and ICE London cocoa #7 (CAZ26 ) closed down -26 (-0.63%). Cocoa prices extended their 2-week slide on Tuesday and posted 5-week lows as rising ICE cocoa inventories weigh on prices. ICE cocoa inventories have steadily increased since...Cacao beans by Gate74 via Pixabay