Signs of Abundant Cocoa Supplies Undercut Prices

Written on 08/24/2026
Rich Asplund

September ICE NY cocoa (CCU26 ) is down -165 (-2.75%) today, and September ICE London cocoa #7 (CAU26 ) is down -38 (-0.89%). Cocoa prices are sliding today on signs of abundant cocoa supplies. Last Friday, Bloomberg reported that Nigeria’s July cocoa bean exports rose +18% y/y to 16,052 MT....Cacao beans by Gate74 via Pixabay